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Updated over 5 years ago,
Purchasing a 5+ unit
Hey Bp!
In the future(5 years+), partnership or myself, I would like to be qualified with a portfolio lender to finance a 5+ unit.
What are the financials and track record requirements that lenders like to see?
What is the typical LTV?
I researched and it's seem commercial lenders are more lienet and focus on the deal but can be expensive.?
Which lenders can you recommend?
About me:
- Income -$80k-$110k
- Credit score 700
- Liquidity: $30k
- Currently have 1 rental, looking to close a duplex - fall 2019 .