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Updated over 3 years ago,
Small Multifamily financing
Hello everyone. I’m trying to find my way into multifamily investing and I’m trying to find a property that I can reposition usIng seller fInance. I plan on financing a few years down the road once It Is stablized with proper fInancials to show the lender. If I were to do this with a 5-7 unit and say the property is stable enough. With thIs beIng my fIrst deal with a commercIal property, would I qualify once I show the results? Or would I still need a key principle. I know I need to talk to a lender to find out, but has anyone here had this experience?