Looking to buy 5-10 units. Need help with figuring out commercial financing.

[Chi Sastry]

In 2023 - I’m looking to buy 5-10 units in NC, SC or TN (I know - everyone is also!).
I own 5 doors (1 STR and 4plex) in NC. How do I go about getting commercial financing? Any ideas for people that scaled from 2 to 10. How did you get financing in the last 1-2 years pls. I don't think something from last 10-15 will be as relevant. I should be able to get to 20% down if it's under 1M.

[Chi Sastry]

Quote from @Scott Wolf:

Quote from @Chi Sastry:

Quote from @David M.:

@Chi Sastry

Have you talked to any commercial lenders??

Yes - spoke to 2. I’m hearing it’s hard to get commercial loans as 1st time  right now. 
I also need to figure out options to getting 30% - I’ll have 20%. If my budget is 1M. 

 Hi Chi,

Feel free to reach out.  There are plenty of options out there.

-Scott

That’s great. I’ll send an email to find time to connect. Thanks!