Online Rental Multifamily Financing

[Sarann K.]

Hello BP Army, 

I'm looking alternatives to fund a multifamily property, I've always seen these ads on the BP: arborloanexpress.com and assetavenue.com. Have anyone ever used one of these? Is it something you would recommend? What was your experience of using these? How is it different from the conventional loan?

Sorry if my question is vague. 

Thanks in advance, 

Sarann

[John Cohen]

@Sarann K. I have closed 4 loans with Arbor, I love them. Never have worked with assetavenue.com so I can't speak to their products. 

How many units? what is the purchase price? whats your plan for the property? I think if you can answer some of these questions you can get some better ideas of what type of loan you are looking for.

I hope this helps.