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Updated over 1 year ago, 06/12/2023

Venslaus Arokiaraj's profile image
Venslaus Arokiaraj's profile image
Venslaus Arokiaraj
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Venslaus Arokiaraj's profile image
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Venslaus Arokiaraj
  • Member since Oct 9, 2022
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Venslaus Arokiaraj
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Creative Real Estate Financing

How to finance 6 plex deal?

Venslaus Arokiaraj
Posted

Hello - I’m interested in a 6 plex priced at $490,000. After 20% down, the loan value will be around $400k.

Since it's a 6 plex, regular FHA will not be applicable. For commercial loans, the minimum amount to borrow will be 500k?

Any suggestions to finance this deal other than hard money lending? 


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