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Updated over 8 years ago on . Most recent reply

User Stats

104
Posts
9
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Manuel Savorelli
  • South Jersey, NJ
9
Votes |
104
Posts

Struggling to get financing for my first multi-family property

Manuel Savorelli
  • South Jersey, NJ
Posted

Hello everyone,

recently upgraded to Pro as I'm beginning to jump in on a full-time basis.   I'm currently looking at 2-3-4plexes but I'm having a hard time securing financing as my previous career was more of a freelance type and didn't generate much/accurate/consistent paperwork.

Has anyone had similar experiences and could recommend lenders in the South Jersey area, or that don't mind lending there, that aren't as stringent when it comes to paperwok/income verification/tax docs?  I've been told that the first loan is the hardest to acquire... the proverbial "catch 22".

I appreciate all suggestions and look forward to getting started!

Most Popular Reply

User Stats

431
Posts
170
Votes
Kurt Kwart
  • Specialist
  • Atlantic City, NJ
170
Votes |
431
Posts
Kurt Kwart
  • Specialist
  • Atlantic City, NJ
Replied

If you are looking for a hard money lender that is local check out Alpha Funding @Mark Callazzo

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