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Updated almost 9 years ago,
Seeking Advice - small 2 unit multifamily loan to LLC
Hi all - appreciate your help in advance. While I understand that it is quite easy to get a loan on a 2-4 unit multifamily to an individual, I am having trouble identifying the types of lenders who will loan to an llc (personal recourse is fine) on a loan this small (contract price $400k). Do I have to go the hard money route? One of the units is vacant so I don't think the income is particularly attractive. Any strategies/best practices? Thank you!