85% LTV lender in Chattanooga, TN on multifamily (2-3 fourplexes)

[Trever Nicoll]

Hi all,

I am looking to purchase 8-12 units in the Chattanooga area comprised of 2-3 fourplexes. I have worked with a lender in another state who will do 85% LTV with no PMI on non-owner occupied MF 2-4 units and am looking for the same type of lender in Tennessee.

Or,

Would a commercial / blanket loan be a good option here as well? I'm not as experienced with this type of loan.

Does anyone have recommendations or connections/references for a good lender that will go to 85% LTV? Any input would be much appreciated.