Small Apartment Offer - Loan pre-approvals Required

[Sanju Walia]

Hi Team,

This is first time I am stepping into MF Commercial (5+) apartments. What kind of financial documents are required as part of the offer? For 4 or less units, I provided lender pre-approvals. Lenders are asking the contract on the MF  property (< 2million, 5+ units) before providing any approvals while strong offer needs some kind of lender pre-approvals so this seems to be a deadlock.  Can you please provide your guidance on this process?

Thanks,

Sanju