Hard money lenders for 20% down payment for Freddie Mac Loan

[Fayez Shantanu]

Hi BP folks,

Lets say I like to make a deal on MF unit that have cap rate of 8% and If qualified for Freddie Mac loan that will let me have 75% LTV but then can I have the remaining 25% from hard money lender (but non-recourse if possible ? )

Any suggestion would be beneficial... and yes I m a newbie in MF but do have few SFH that are generating cash flow

[Jay Hinrichs]

OK let me see you want 100% financing with no personal guarantee..   try it if it works other wise walk.. who makes those loans.. that was another time and in another place.. someone would have to be a complete idiot to do that for you.  @Chris Seveney  chris is suggesting a money partner and mostly these are done through syndications were your the sponsor but most investor want to know the sponsor has some skin in the game and is going to be there at the end or if the going gets tough.