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Updated over 3 years ago on . Most recent reply
Commercial Lender in Indiana?
I'm a residential mortgage lender in Englewood, CO and I do some out of state real estate investing.
I'm interested in pursuing some commercial property in Indiana for my investment portfolio (5-10 unit apartment buildings), and I don't know much about the commercial lending space. Is there opportunity for DSCR in the commercial space? What kind of down payment is needed for commercial?
Looking to network with some commercial lenders in Indiana.
- Seth Wilcock
Most Popular Reply
Yeah there are DSCR products available for these big multi units. Usually they are ARM's, if the property is already stabilized. If not you can start with a bridge loan and then refi once the property is cleaned up and rented.
- Matthew Crivelli
- [email protected]
- 413-348-8346
