Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Multi-Family and Apartment Investing
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 over 2 years ago,

User Stats

8
Posts
2
Votes
Vamsi Peddinti
2
Votes |
8
Posts

Planning to buy 6 units townhomes. Need financial tips.

Vamsi Peddinti
Posted

Hi, this is our first rental property. We formed LLC and trying to apply loan for 70% of value. What is the approximate interest rate for Multifamily Rental Property ? Are there any recommendations for lenders for fast approval? Any suggestions in approaching lenders? We calculated DSCR and it is above1.20? Credit score is 750+ for all members in LLC. Please guide me. thank you

Loading replies...