All Forum Posts by: Carl Gerhara

Thank you for the response. I'm afraid none of those apply to me. The money I do have invested don't generate any income.

I believe I read when you start getting into the 5+ multifamily deals lenders start basing their decision more on the property itself and less on the individual. Is this true? Can you get a commercial loan on a 2-4 unit property?

Hello all,

I've been retired for a couple years with no income coming in. I'm interested in purchasing a small multifamily - anywhere from 2-6 units.

Is it possible of obtaining a loan with no income? My credit's been good - never missed a payment on anything before.

Thanks in advance