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Updated 6 months ago on . Most recent reply

User Stats

105
Posts
17
Votes
Charlice Arnold
  • Lender
  • Nationwide
17
Votes |
105
Posts

Financing for commercial and multi-family properties

Charlice Arnold
  • Lender
  • Nationwide
Posted

For those who have explored or utilized such financing options, what has your experience been like? What should first-time investors be aware of when considering these types of loans, and what tips would you share for navigating the process successfully?"

Most Popular Reply

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1,524
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1,030
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Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
1,030
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1,524
Posts
Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
Replied

I very much agree with @Erik Estrada. Get your financial documents in order first. Talk to multiple lenders. The offers they make will vary quite a bit. Discuss up front what they think the time to underwrite will be. This is largely dependent on your getting the requested documents in, so have those ready to go. Try to research various types of loans first to have an idea of what you want. 

  • Benjamin Aaker
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