Updated over 5 years ago on . Most recent reply
(4Plex) Multi-unit Financing Guidance (Please Help)
This is my first investment property, I have a opportunity to purchase a 4plex with a partner. I'm securing the loan and he is helping with the down payment. The property is 675K and after analyzing the deal, it cash-flows. I originally qualified for 680k with my lender two months ago, they are now saying because of the pandemic, they are only comfortable lending me 480K.
My questions- Is there other ways I could get this deal done?
Should I try and get another partner to come in me?
Should I try another lender?