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Multi-Family and Apartment Investing

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Carlo C.
  • Investor
  • San Jose, CA
11
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41
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Any apartment lenders that can do 80/20 these days?

Carlo C.
  • Investor
  • San Jose, CA
Posted Jul 28 2016, 11:56

Many books that I read have mentioned about making an apartment deal with a 80-20 loan structure. Some of them even suggested the 20% down can be using private money and some could be carried back by the seller. I poked around some commercial lenders recently. Most of them cannot go beyond 60 LTV. I only found one that can do 75 but the rate is super crazy. Any updates on lenders that can still do 80-20?

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