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Updated over 6 years ago,
How to get money, starting out in this space
I’ve been in the sfr duplex and fourplex game for about a year and am looking to make the leap into commercial multifamily.
I have found a deal. And now since I’ve never thought about financing...I’m realizing I don’t know how to finance this!
The price is under 500k. Is there a way to put 10% down and loan the rest? Can I do 10% for a year or two and then refinance into a more typical 25% down 25 year loan that I read about?
what services have you used in the past for these types of loans?
Thank you all