Financing Multi-Family Properties

[Minnae Chabwera]

I was having a conversation with a friend who is also interested in real-estate investing and she informed me that there is the potential for special financing for Multi-Family Properties. Does anyone know the benefits of financing a Multi-Family vs SFR and where I can find more information regarding this?

[Andrew Johnson]

Minnae Chabwera Ask your friend for the bank they use. That’s step one in your process. I’d also Google “commerical mortgages” if you’re looking at 5+ units in your target multifamily. The process, lenders, “rules”, etc. there are different. And those rules can vary lender-by-lender since they carry the paper themselves.