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Updated over 7 years ago on . Most recent reply

Khalid Powell's profile image
Khalid Powell's profile image
Khalid Powell
  • Rental Property Investor
  • from Durham, NC
  • Member since May 15, 2017
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User Stats

19
Posts
7
Votes
Khalid Powell's profile image
Khalid Powell's profile image
Khalid Powell
  • Rental Property Investor
  • from Durham, NC
  • Member since May 15, 2017
Connect
Khalid Powell
  • Rental Property Investor
  • Durham, NC
7
Votes |
19
Posts
Multi-Family and Apartment Investing

Business required for commercial loan?

Khalid Powell
  • Rental Property Investor
  • Durham, NC
Posted

I was looking into commercial loans for 15+ unit apartment complexes and saw that a business age of 3 years is "required". I have heard podcast of people's first deal being a large apartment complex. Is there a way to get around the minimum business age to qualify for a commercial loan?

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