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Updated almost 8 years ago on . Most recent reply

User Stats

95
Posts
45
Votes
Amit Patel
  • Investor
  • Somerset, NJ
45
Votes |
95
Posts

Financing for 6-8 Families in New Jersey (NJ)

Amit Patel
  • Investor
  • Somerset, NJ
Posted

I am having a hard time finding good banks for purchase as well as cash out refinance 6-8 unit buildings under a Million dollars.
Many banks are doing a Million and above. These are all B area properties and maybe I am not looking at the right banks. I always purchase in an LLC and put down 30% down and these are good cash flow properties without concerns about deb

I am looking into Investors Bank  and have also worked with BCB in the past and looking at other options beyond these two.

Any input is appreciated.  We are lucky to have such a great community to bounce ideas off each other and I want to thank everyone in advance for any and all input they may provide. Good luck to all and may all your investments be Successes ! 

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