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Updated over 6 years ago on . Most recent reply

Emily Meersand's profile image
Emily Meersand's profile image
Emily Meersand
  • from San Francisco, CA
  • Member since Dec 15, 2016
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Emily Meersand's profile image
Emily Meersand's profile image
Emily Meersand
  • from San Francisco, CA
  • Member since Dec 15, 2016
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Emily Meersand
  • San Francisco, CA
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Private Lending & Conventional Mortgage Advice

Need help financing a 5 unit in Garner, North Carolina!

Emily Meersand
  • San Francisco, CA
Posted

Hi everyone! I am in contract with a 5 unit building in Garner, North Carolina. I’m having trouble finding financing since it’s my first commercial loan. All properties I have purchased before have been 2-4 units. I need your help finding a lender that can finance on this, or giving me advice on how to do so.


Purchase price: 365k
Current actual gross monthly income: $3,860
Looking to put down 25%

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