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Multi-Family and Apartment Investing

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Lynn Ramdin
Pro Member
  • Investor
  • Orlando, FL
2
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32
Posts

Qualifications for a commercial loan

Lynn Ramdin
Pro Member
  • Investor
  • Orlando, FL
Posted Apr 3 2018, 07:10

Hi BP Community!

I am looking at an 8 unit apartment that is listed under $500k. Would it qualify for a commercial loan? Some people have told me that commercial lenders won't look at anything less that $1 million. If it won't qualify, what other types of lending could I look at?

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