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Updated over 11 years ago,
Would I have any chance of getting a commercial loan
I want to build a 12 unit apartment building. I have $120k saved up. I would be willing to use all of that as a down payment. I'm 27 years old and my only credit is from paying credit cards and my student loans(both paid off). Also I would be quitting my job when the construction starts. Is there any chance I could get a loan for the remaining costs? I would need to borrow an additional $200-300k