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Updated over 7 years ago,

User Stats

300
Posts
167
Votes
Rob Beardsley
  • Rental Property Investor
  • New York, NY
167
Votes |
300
Posts

Multifamily Commercial Lending?

Rob Beardsley
  • Rental Property Investor
  • New York, NY
Posted

Hi,

I am looking for a multifamily commercial lender or mortgage broker based in northern California. So far the local banks I have talked to require the members of my LLC (will have investors along with me in the deal) to guarantee 50% of the loan. This is impossible for me. Preferably I'd like to learn how I can acquire an interest only non recourse loan to take down a $2-$5 million dollar multifamily property. What is the best route for me to make this happen? Thank you!!

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