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Updated over 3 years ago, 09/29/2021
Recommendations for Private and Commerical Bank Lenders.
Hello,
I have a 5–10-unit apartment building under contract in Plymouth County and I'm looking to see who people have been using for lending both private and bank lenders. It's stable but will be around 1.0 DSCR day one. However, there is plenty of room to add value. Also, if anyone has some ballpark terms on what you've been seeing. Any banks offering 12-month IO?
Thank You,
Henry