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Updated about 10 years ago,
Apartment loan of $300-500k for First time investor
Which lenders work with first time apartment investors?
I gave gross annual income of $87,000 and a stock portfolio of $520k. I am only 26 but my job is financing apartment buildings. This is literally what I do, but I wouldn't qualify at my own bank(also regulations prohibited it).
Any suggestions? Apartment bank? Community portfolio lender? Agency? What is my best chance? The purchase price would be about $500k and id be putting $150-200k down.