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Updated almost 7 years ago on . Most recent reply

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Navin Mahavijiyan
1
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5
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Funding first multi-unit investment

Posted

So I'm taking the plunge with my first real investment property in South Carolina and wondering what the rest of you do for financing these. I'm working with a commercial mortgage broker at my bank but I figure there's probably a far better way that I might be missing. Private money lenders I've spoken to so far only do short term (1-3 years) financing for anything above 4 units. 

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11
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Raj Tekchandani
  • Rental Property Investor
  • Boston, MA
12
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11
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Raj Tekchandani
  • Rental Property Investor
  • Boston, MA
Replied

Depending on the size and stabilization levels of the property, you may have options for Fannie Mae / Freddie Mac loans. 

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