Updated almost 3 years ago on . Most recent reply
Beginner friendly lenders and strategies
I have few SFH and want to expand to MFH. I heard lenders want to see MFH experience from the applicants. How do beginners start and obtain loans? Can you recommend friendly lenders? I'm happy to start small.
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Robin Simon
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
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I think you are smart to start small when making this transition. A lender that focuses on the SFH and small multifamily (like up to 8 or 10 units) typically will not have an experience penalty and count the SFR experience as all you need