Updated over 7 years ago on . Most recent reply
Multiple Unit Loan Structure?
Up until now all of our buy and holds have been financed with 20% down Fannie loans. I'm looking at an off market deal where i have the potential to buy seven single unit properties. Let's say the sell price is $425,000. What kind of in-house loan can i expect? Ex, 10% down at 6% for 20 years? This whole deal is still in the beginning stages so i'd like to get a little more info before i approach the banks. Thanks!