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Updated over 14 years ago on . Most recent reply

Chris Shrader's profile image
Chris Shrader's profile image
Chris Shrader
  • from Cheyenne, WY
  • Member since Oct 8, 2011

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Chris Shrader's profile image
Chris Shrader's profile image
Chris Shrader
  • from Cheyenne, WY
  • Member since Oct 8, 2011
Chris Shrader
  • Cheyenne, WY
0
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Multi-Family and Apartment Investing

Seeking financing

Chris Shrader
  • Cheyenne, WY
Posted

So I have a unique opportunity that I would like to turn into a business. I'm US military and am interested in acquiring long term du/fourplexes to rent out near military installations.

My biggest obstacle I forsee is financing. It's currently not possible for me to do an owner occupied loan and I don't have much cash to put down. I have an excellent credit score - 760.

What are my options outside of owner occupied FHA loans that would give close to 100% financing. Loan amount would be approx $175k-$200k at 30 yrs fixed rate.

Any thoughts/suggestions would be greatly appreciated.

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