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Updated almost 8 years ago on . Most recent reply

Brian Deery's profile image
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Brian Deery
  • Investor
  • from Chicago, Illinois
  • Member since Dec 5, 2016
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Brian Deery's profile image
Brian Deery's profile image
Brian Deery
  • Investor
  • from Chicago, Illinois
  • Member since Dec 5, 2016
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Brian Deery
  • Investor
  • Chicago, IL
2
Votes |
8
Posts
Private Lending & Conventional Mortgage Advice

Mortgage for an investment condo w/ less than 50% owner occupancy

Brian Deery
  • Investor
  • Chicago, IL
Posted

Hey all,

I'm looking for help finding financing for a condo in Chicago that would be non-owner occupied.  It's a 6 unit building, with 4 of the units currently being rented out.  Can anybody point me to a good place to find financing for such a deal?

Thanks in advance!!

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Wayne Brooks's profile image
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Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks's profile image
Wayne Brooks's profile image
Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

You need to b looking for lenders that specifically offer loans for "non warrantable condos".

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