Kansas City Looking for Portfolio Lenders
Dear BP Family,
I'm looking for portfolio lenders that could lend me money to buy small multifamily properties I will not live in. I've heard of 80/15/5 products where the bank loans 80%, the seller carries a second mortgage of 15% and I (the buyer) put down 5%. If anyone knows of lending institutions that would be willing to lend on these or similar terms, please let me know. I am buying in Johnson County, KS. Thank you all in advance!