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Updated about 3 years ago on . Most recent reply

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Vamsi Peddinti
  • Member since Feb 1, 2021
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Vamsi Peddinti's profile image
Vamsi Peddinti's profile image
Vamsi Peddinti
  • Member since Feb 1, 2021
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Vamsi Peddinti
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8
Posts
Multi-Family and Apartment Investing

Planning to buy 6 units townhomes. Need financial tips.

Vamsi Peddinti
Posted

Hi, this is our first rental property. We formed LLC and trying to apply loan for 70% of value. What is the approximate interest rate for Multifamily Rental Property ? Are there any recommendations for lenders for fast approval? Any suggestions in approaching lenders? We calculated DSCR and it is above1.20? Credit score is 750+ for all members in LLC. Please guide me. thank you

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