Small apt/multi-family lender needed

[Keith Rorer]

Hi All,

A newer investor here. I'm looking to accelerate my growth here and I'm currently eyeing a 10 unit apt building in Indiana and I'm running into challenges with finding a lender. Probably because I'm not looking in the right places? Investor friendly banks that I'm aware and have spoken to only have products up to quadplex.

Any thoughts on where to pivot my search to? Much thnx!

[Darryl Dahlen]

Agreed. You are talking to the wrong people which is often the problem with working with banks. You are at the mercy of their experience and product knowledge. You need to speak to someone in the commercial loan department at several banks to try and get a competitive offer(s).