First-Time Home Buyer
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply

What is too much to find from a lender for first time investment?
There is 4 multi family homes rental property package purchase deal. I have some experience with fix and flip as my sister has her own LLC but nothing with securing lenders. The current gross income in the properties are good. It's one 4 unit home and three 2 unit homes and the asking price is around $1mil. Could this be realistic for a first timer? Any advice on how to secure that range of a loan would be great.