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Updated over 1 year ago on . Most recent reply

User Stats

24
Posts
16
Votes
Khalid Ellis
16
Votes |
24
Posts

Business Loan for Multifamilies

Khalid Ellis
Posted

Hi Biggerpockets.

i just finished my 203k rehab as a live in flip now I am ready to dive into buying rentals now that I have some good experience with rehabs.


does anyone know of any good business loan companies to use to get started?


any feedback is appreciated!

Most Popular Reply

User Stats

129
Posts
107
Votes
Trevor Schmitt
  • Rental Property Investor
  • Fargo, ND
107
Votes |
129
Posts
Trevor Schmitt
  • Rental Property Investor
  • Fargo, ND
Replied

Congrats, Khalid. That is HUGE!

The advice that I would give on this is to have as many conversations with lenders as you possibly can... talk to local banks, regional banks, mortgage brokers, credit unions, etc... each one will have different options available to you... after having a dozen conversations or so, you will feel confident in which bank/loan is the best for your current situation! 

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