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Updated about 6 years ago on . Most recent reply

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Aja Yasir
  • Investor
  • Gary, IN
1
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Multi Unit Hard Money?

Aja Yasir
  • Investor
  • Gary, IN
Posted

Hello.  I have a contract on a 14 unit.  I’m putting 20% down.  Has anyone done hard money loans on multi units?  The goal is to BRR the property.  

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Nghi Le
  • Investor / Lender
  • Seattle, WA
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Nghi Le
  • Investor / Lender
  • Seattle, WA
Replied

@Aja Yasir @Caleb Heimsoth

For hard money, I usually see 10-20% down on residential (1-4 units) and 20-35% down on commercial (5+ units).

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