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Updated over 5 years ago,

User Stats

30
Posts
12
Votes
Cedric Zebaze
  • Brewerytown, PA
12
Votes |
30
Posts

Purchasing a 5+ unit

Cedric Zebaze
  • Brewerytown, PA
Posted

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 . 

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