All Forum Posts by: Erhan Sen

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Erhan Sen has started 2 posts and replied 4 times.

Quote from @Caroline Gerardo:

What exactly is the property type? multi family can mean a range of things

more than 8 units ready to rent or existing tenants in a metro area A or B class very different from 100 units low income in C class. Define the class, city, type, and I can refer you or point you in the right direction

Also what is Your profile?

16 unit, C Class, occupied, 100k+ populated city... @Caroline Gerardo, pls explain what do you mean by "what is Your profile?"

0 Votes

Ty'all for your valuable inputs. Flying and meeting bankers will be next weeks task. I agree relations do matter.

0 Votes

Hi,

I am trying to find financing for multifamily properties I am interested. However, local banks, in the same state/city with properties, keep saying that they can't work with me because I am not local - out of state. Is this common? What's the reason? Any hints or recommendations?

Thx

3 Votes

Hi,

For a multi family purchase in Columbus OH, I will be in the market working with landers who history of excellent service, flexible and providing rates close to market/conventional rates (6-7%) as of April 2023.

Thx

1 Vote