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Updated over 7 years ago,
Commercial Financing Question
Hello BP,
I have been looking at small apartment buildings 8-15 units in various cities around the country. I would like to finance the most that I can since I am young and have time to leverage my money. Is it possible to leverage 90% LTV? Are small local banks a good source for commercial loans? I would like to still get a reasonable interest rate.
looking for advice on what to expect when looking for loans.
Thank you!