Updated almost 6 years ago on . Most recent reply
Financing for a 5 unit building
Hi Everyone
I am looking at a 5 unit building in an excellent market with very good rents. I have two other properties that I financed via a standard loan but I believe for something like this it would be a commercial loan, correct? Also, are the down payment requirements the same at 25% or do some lenders allow for a lower down payment? Any help or advise is appreciated.