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Updated almost 3 years ago on . Most recent reply
Commercial loan without W2 income
Hey guys,
Just a question here, can you get a commercial loan for a small apartment building (8 units) without a W2 income? Price is $400,000, I have good credit, the 25% down payment and cash flow from other properties I personally manage. But don’t have a W2 job. If this is posible, can I please get names of lenders/ banks.
Thank you in advance!
Most Popular Reply
@Maria Luna call 10-20 local community banks and explain what you are buying plus the business that you will implement and you should find one that will lend for you.