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Multi-Family and Apartment Investing

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George P George III
Pro Member
  • Rental Property Investor
  • St. Louis, MO
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14
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Best way to finance a larger 10+ multi family building??

George P George III
Pro Member
  • Rental Property Investor
  • St. Louis, MO
Posted Feb 27 2020, 14:07

 I have been kicking the idea around in my head on buying a larger 10+ unit building and most of the banks have either said they don't finance on larger than 4 family or it would be a 5 to 7-year balloon note that is then amortized over 20 years for payment and than renegotiated after the term. I just would like some insight on what you all have done that works and what options are out there. 

Thank you.

GG


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