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Updated about 6 years ago on . Most recent reply

Jeff Bousquet's profile image
Jeff Bousquet's profile image
Jeff Bousquet
  • Rental Property Investor
  • from Rhode Island
  • Member since Oct 1, 2017
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Jeff Bousquet's profile image
Jeff Bousquet's profile image
Jeff Bousquet
  • Rental Property Investor
  • from Rhode Island
  • Member since Oct 1, 2017
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Jeff Bousquet
  • Rental Property Investor
  • Rhode Island
52
Votes |
92
Posts
Commercial Real Estate Investing

Commercial Loans Question

Jeff Bousquet
  • Rental Property Investor
  • Rhode Island
Posted

How is the morgage process for apartments over 6 units?

I understand a commercial loan is required. Is down payment a standard 25%? What are the reserves requirements? Anything else required? 

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Trey Golston's profile image
Trey Golston's profile image
Trey Golston
  • Lender
  • from Orange County
  • Member since Jan 25, 2019
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Trey Golston's profile image
Trey Golston's profile image
Trey Golston
  • Lender
  • from Orange County
  • Member since Jan 25, 2019
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Trey Golston
  • Lender
  • Orange County
12
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19
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Trey Golston
  • Lender
  • Orange County
Replied

Hey Jeff, shoot me a PM when you have the chance. I am extremely familiar with the process as I do it every day. 

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