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Updated over 5 years ago on . Most recent reply

Bellman Tumasang's profile image
Bellman Tumasang's profile image
Bellman Tumasang
  • Member since Jan 20, 2020

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122
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11
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Bellman Tumasang's profile image
Bellman Tumasang's profile image
Bellman Tumasang
  • Member since Jan 20, 2020
Bellman Tumasang
11
Votes |
122
Posts
General Landlording & Rental Properties

How to get a non recourse loan for apartment building?

Bellman Tumasang
Posted

If I'm buying an apartment building for the first time how would I go on about getting a non recourse loan where it is secured against the asset itself? I've heard to do this you need 35% down? What about a good DSCR ratio of 1.25 or above?

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