Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

4
Posts
1
Votes
Ryan Gibson
  • Investor
  • Milwaukee, WI
1
Votes |
4
Posts

30 Unit Purchase and Loan Advice Needed!

Ryan Gibson
  • Investor
  • Milwaukee, WI
Posted

Hey there.  First, thanks for taking the time to read this.

My business partner and I are looking to purchase a 30 Unit building for approximately $1mil.  We are willing to put down anywhere between 30 to 50%.  The building itself is in great shape, with a new roof, new electrical, new windows, new boiler, and is 100% occupied.

Generally most of our real estate purchases are cash so we are not very experienced in finding loans, let alone multifamily or apartment loans.  

My question is, what type of multifamily loan should we be looking at getting?

Thanks!

Loading replies...