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Updated over 5 years ago on . Most recent reply

User Stats

30
Posts
24
Votes
Lee Mast
  • Rental Property Investor
  • Fort Collins Colorado
24
Votes |
30
Posts

Is it possible to get 80% LTV on a Triplex Investment Property?

Lee Mast
  • Rental Property Investor
  • Fort Collins Colorado
Posted

My previous post got deleted... apparently I worded something wrong that made this look like an advertisement or solicitation so... trying again. Am I on a fruitless search to find 80% LTV for a TriPlex?

Thanks!

Most Popular Reply

User Stats

1,135
Posts
1,194
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CJ M.
  • Rental Property Investor
  • Canton, OH
1,194
Votes |
1,135
Posts
CJ M.
  • Rental Property Investor
  • Canton, OH
Replied

@Eric Veronica

I can't speak for others, but I usually advise folks to call small community/local banks for this simple reason...I have VERY solid relationships with my lenders and brokers. The last thing I want to do is refer someone who could potentially butt heads with them and therefore jeopardize my reputation...I've seen it happen.

But to the original question, yes 80% is out there with portfolio loans. I've done quite a few this past year...albeit I had to pay points to do so.

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