Has anyone tried a Freddie Mac MuliFamily Small Balance Loan
Has anyone tried getting a Freddie Mac MuliFamily Small Balance Loan? I am looking for an investment opportunity in the Mecklenburg county area of North Carolina and need Funding. I am try not to go with Hard Money because of the high interest rates. I was reading one of Mindy Jensen's blog posts and seen the Freddie Mac Multi Family Small loan add. Any information and tips would be highly appreciated. This would be my first commercial loan I do not have any Residential loans
http://www.freddiemac.com/multifamily/new_standard/sbl/