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Updated about 6 years ago, 11/22/2018

Shannon Cannon's profile image
Shannon Cannon's profile image
Shannon Cannon
  • Investor
  • from Denham Springs, Louisiana
  • Member since May 5, 2015
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User Stats

47
Posts
8
Votes
Shannon Cannon's profile image
Shannon Cannon's profile image
Shannon Cannon
  • Investor
  • from Denham Springs, Louisiana
  • Member since May 5, 2015
Connect
Shannon Cannon
  • Investor
  • Denham Springs, LA
8
Votes |
47
Posts
Multi-Family and Apartment Investing

Commercial loan for multifamily?

Shannon Cannon
  • Investor
  • Denham Springs, LA
Posted

Hello!! We are going to meet with someone today about purchasing his 8 plex. It was a sudden thing, and I haven't had a lot of time to do my research. This will be our first multifamily purchase, and I'm not certain how to go about financing or how to determine a reasonable asking price. Is a commercial loan the way to go in this circumstance? Any advice would be much appreciated! Thank you!

Shannon

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