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Updated over 6 years ago on . Most recent reply
Agency Debt - 5+ units but under $1M
Does anyone know of any agency debt that services 5+ units and under $1m dollars? Why is there such a large gap in available products for RE Investors for buildings like this?
Most Popular Reply
I've been told that agency debt can go as low as $750k, but there are various loans available through smaller banks and even some large banks in that range. The best financing options start above the $1MM mark though so it doesn't hurt to just look at bigger deals.