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Updated over 7 years ago on . Most recent reply

Mark Christensen's profile image
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Mark Christensen
  • Investor
  • from Collinston, UT
  • Member since Jun 18, 2015
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Mark Christensen's profile image
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Mark Christensen
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  • from Collinston, UT
  • Member since Jun 18, 2015
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Mark Christensen
  • Investor
  • Collinston, UT
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Multi-Family and Apartment Investing

7 Plex in Utah.. financing

Mark Christensen
  • Investor
  • Collinston, UT
Posted

I have a 7 plex in Utah under contract and in the process of rehab.. should be done by Jan 1st.. THEN I need to finance it as currently it is owner finance and my rehab money.. what is the best financing and where? I have never done anything bigger then a SFR or a Duplex so this one is new to me.. looking to the experts for advice? thoughts?

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Lee Ripma
  • Rental Property Investor
  • from Prairie Village, KS
  • Member since Jul 6, 2015
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Lee Ripma
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  • from Prairie Village, KS
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  • Prairie Village, KS
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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
Replied

I'm doing something very similar in Kansas City and am doing a cash-out refi with a local community bank. I would put together your numbers and photos and go down to banks in the area and speak with them. If you can get a referral-even better. Good luck!

  • Lee Ripma
  • Podcast Guest on Show #373
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