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Updated over 5 years ago on . Most recent reply

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100
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64
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Leo K.
  • Nashville, TN
64
Votes |
100
Posts

Rentals - 90% LTV

Leo K.
  • Nashville, TN
Posted

Hey guys,

Has anyone worked with a bank in/around Nashville that's loaned 90% LTV for non owner occupied rental properties?

Most Popular Reply

User Stats

100
Posts
64
Votes
Leo K.
  • Nashville, TN
64
Votes |
100
Posts
Leo K.
  • Nashville, TN
Replied

@Bobby Walters

90% LTV's exist - TriStar Bank is the only one I know of that will lend that much for multi family rentals. The deal has to have meat on the bone though.

Practically every lender I've talked to is comfortable going to 85%. Given the competitive lending climate, many banks will go to 85% if you push them just a bit.

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