Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

3
Posts
3
Votes
Chris Powers
  • Bradenton, FL
3
Votes |
3
Posts

Advise on larger loans for multi unit

Chris Powers
  • Bradenton, FL
Posted

I am looking to move away from flipping and into multi unit buy and hold.  I have done quite a few flips and been very blessed to do well on them.  As the market tightens up and my knowledge and big picture idea grows I am looking at getting into a quality multi unit up to 1.5 million.  I have enough cash to put down 20% or more on the right deal.  I own a couple of businesses and have no debt to speak of.  All that said, does anyone have any experience with obtaining larger loans on these types of properties and a good way to find a lender to build a relationship with aside from the bank I do my other business with.  I'm sure I will need to provide current documents on the property in question etc.  Any advise or experience is greatly appreciated. Thanks in advance.