How to find a Commercial Multifamily Loan <$1M
I'm looking to purchase my first 10-unit apartment building in Ohio. I live in California, so I am not familiar with the local banks in Ohio. I did reach out to 1 local bank which was recommended by the listing agent and they are currently not lending to out of state investors. When I did an online search for commercial multifamily lenders, most have a minimum lending requirement of $1M and I don't need that much. How do I find a commercial multifamily loan that is willing to lend less than $1M?
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@Alex Bekeza Would you mind sharing those wholesale nationwide providers/private companies? I am looking at a 24 unit multifamily that will end up being close to 700k. Thank you for the help!