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Updated almost 5 years ago,

User Stats

231
Posts
215
Votes
Jonathan Farber
  • Rental Property Investor
  • Medellin, Colombia
215
Votes |
231
Posts

Lenders for out of state multifamily investors

Jonathan Farber
  • Rental Property Investor
  • Medellin, Colombia
Posted

I am pursuing a 16 unit property in Kentucky. Other than speaking with a mortgage broker, almost all the local lenders (commercial) mentioned they would have a hard time servicing a loan of this type to an out of state investor.

I was a little confused as I see people mention on here regularly that they buy MF in different states.

Any work around here or recommended lenders?

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