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Updated about 6 years ago on . Most recent reply
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Funding first multi-unit investment
So I'm taking the plunge with my first real investment property in South Carolina and wondering what the rest of you do for financing these. I'm working with a commercial mortgage broker at my bank but I figure there's probably a far better way that I might be missing. Private money lenders I've spoken to so far only do short term (1-3 years) financing for anything above 4 units.
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Depending on the size and stabilization levels of the property, you may have options for Fannie Mae / Freddie Mac loans.