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Rob Patel
  • Investor
  • Chicago, IL
0
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Seeking Advice - small 2 unit multifamily loan to LLC

Rob Patel
  • Investor
  • Chicago, IL
Posted

Hi all - appreciate your help in advance.  While I understand that it is quite easy to get a loan on a 2-4 unit multifamily to an individual, I am having trouble identifying the types of lenders who will loan to an llc (personal recourse is fine) on a loan this small (contract price $400k).  Do I have to go the hard money route?  One of the units is vacant so I don't think the income is particularly attractive.  Any strategies/best practices?  Thank you!

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