Looking for commercial lender- multifamily, 75% LTV, non-recourse

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Looking for commercial lender- multifamily, 75% LTV, non-recourse

Rental Property Investor · West Lafayette IN · Member since 2018 · 88 posts · 30 votes

We are looking at a multifamily property valued at 1.9 million in our area. We would like to find a commercial loan that is 75% LTV and non-recourse if possible.

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Simmy AhluwaliaPro Member
Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
6y

@Katie Jewell - can be done if you can go Full Doc (tax returns and bank statements), great credit, and the asset is solid with solid performance numbers and you have a strong balance sheet.

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  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    6y

    Katie, we do non-recourse, I need the answers to  these questions. Hope to hear from you.  Also I need an email address.

    Where is the property located?      What type of property is it?   

    How much money do you want?  

    Reggie Truss

  • Lender · Colorado Springs, CO · Member since 2018 · 241 posts · 97 votes
    6y

    @Katie Jewell  Katie, I'd be happy to set up a call with you do discuss your needs and see if we can help.  I started my lending career 20 years ago as a commercial real estate lender.  I've helped hundreds of multi family property buyers across the country.  

  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    6y

    @Katie Jewell - can be done if you can go Full Doc (tax returns and bank statements), great credit, and the asset is solid with solid performance numbers and you have a strong balance sheet.

  • Investor · HI · Member since 2017 · 328 posts · 124 votes
    6y

    Katie,

    If you're still looking, I'm happy to help get your funding. 

    All the best,

    Mike
    ([email protected])

  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    6y

    Katie, I’m sorry to bug you with another email, but I assume my last email fell through the cracks (I can imagine your inbox is pretty busy). Even if you’re unsure if there is a potential fit between The Loan Father, and yourself, I think it’s worth a brief email as we help hundreds of people each year consider their real estate funding options. When would it take to connect? Feel free to reply with any questions, and thanks for fielding a second email.

    Reggie Truss

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