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Updated over 7 years ago,
Financing options for small ResiMercial properties
Does anyone have advice on how to get long term financing at a reasonable rate for 5+unit properties? I prefer getting 30 yr fixed rate conforming loans but it's increasingly difficult to find decent 1-4 unit cash flow assets not in war zones, yet it seems no commercial lenders wanna mess with anything that's not $500k minimum ( most have $1mil min ) . I've seen many properties that would otherwise work very nicely, but there seems to be a void in funding for 5-10 unit financing options.