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Updated almost 3 years ago,

Benjamin Robinson's profile image
Benjamin Robinson's profile image
Benjamin Robinson
  • Member since Sep 16, 2021
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22
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Benjamin Robinson's profile image
Benjamin Robinson's profile image
Benjamin Robinson
  • Member since Sep 16, 2021
Connect
Benjamin Robinson
4
Votes |
22
Posts
Starting Out

Big mansion converted to 9 units

Benjamin Robinson
Posted

Hello all!

I have a little question… I have stumbled upon a mansion that has been converted to a 9 unit. When talking to a lender, what are the possible loans I could get? The lender said that I wouldn’t be able to get a long term and mentioned something about a ballooning loan? Does anyone have any experience or insight into this type of deal? Thanks.

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