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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingIf no Fannie/Freddie loans..then what?
Cody Dover's profile image
Cody Dover's profile image
Cody Dover
  • Rental Property Investor
  • from North Little Rock, AR
  • Member since Oct 13, 2016
  • Posts 82
  • Votes 19
  • Experience 8 Yrs
  • Investments 4
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82
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Cody Dover's profile image
Cody Dover's profile image
Cody Dover
  • Rental Property Investor
  • from North Little Rock, AR
  • Member since Oct 13, 2016
  • Posts 82
  • Votes 19
  • Experience 8 Yrs
  • Investments 4
Connect
Cody Dover
  • Rental Property Investor
  • North Little Rock, AR
19
Votes |
82
Posts
Multi-Family and Apartment Investing

If no Fannie/Freddie loans..then what?

Cody Dover
  • Rental Property Investor
  • North Little Rock, AR
Posted Jun 6 2018, 20:53

The best loan terms I've found so far are a 5 year balloon 20 years amortization, 5.75%. 

Is their any other loan structure for 10-30 unit complexes that are better than the one above or is this typical for commercial loans? 

Unfortunately, our loan price doesn't meet the requirement for Fannie/Freddie. I'm told it needs to be above at least a $2M price in order to get them involved. 

Please verify if I'm wrong here. 

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