Updated almost 4 years ago on . Most recent reply
Loan for scattered multi-family deal
Hello All. Need some advice. So I am an out town investor and have a potential deal in play that is comprised of scattered multiple multifamily buildings in Cleveland area. Properties are in great condition with stabilized occupancy and are located in “B” class area.
With that said, I’m planning to finance 1M+ and put down approx 30%. Any pointers on lenders that will do a 30yr fixed mortgage on such buy-and-hold deal? All feedback/advise is welcomed and absolutely appreciated!