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Chiung-Yi Tseng
  • Investor
  • CA
1
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Beginner friendly lenders and strategies

Chiung-Yi Tseng
  • Investor
  • CA
Posted

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
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

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

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Harpoon Capital

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