Hi BP Family!
I'd like to buy and hold a triplex or 4plex, but I'm unsure how I'll pay for it. My limited income won't allow me to get a FHA or conventional loan. I do have some cash; about 20% to 40% of my target purchase price.
What financing options do you recommend I pursue to buy my first multifamily property?
seller financing, master lease option, sub2
@Chris Payne possible bringing in a balance sheet partner and qualify for a loan. Partnering up might give you a great option to get a better quality property.
I offer a no-income verification mortgage for investor properties. 70% LTV. Appraisal required. No limit on number of investor properties in your portfolio.
Omni Nationwide Mortgage
If your a vet go VA.
Send me your email address, and I will send the program matrix
Call trinity financial services group.
They have excellent hard money terms and options