Commerical Loan to Acquire over $1,000,000 in duplexes

[Alex Aronson]

My realtor is putting a deal together for me to acquire a large number of duplexes from a seller (10 to 30 plexes all together (20-60 rental doors)). The duplexes are all fairly close together in a rental rich, blue collar, low crime, neighborhood, already producing income. Some of the tenants are Section 8.

Any lenders interested in the deal? Amount to be borrowed will be $1,000,000 plus.