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Updated over 8 years ago,
Financing buildings with >4 units in New Mexico
Hi all,
I am looking to learn about financing buildings with >4 units, but at the same time not large deals. For example, an 8-unit building for $1M. Obviously I can't work with a bank that sells the product upstream. So how do I find a bank that will do this, ideally in New Mexico? And how is the product priced?
Also, how does this compare to the federal lending programs offer by Freddie Mac?
Thanks
Dan