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Updated over 7 years ago,

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3
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0
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Mike Kehoe
  • Marietta, GA
0
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3
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Real Estate Deal Financing

Mike Kehoe
  • Marietta, GA
Posted

Hi BP community, I am new to BPs and to real estate investing.  I am currently evaluating several real estate opportunities to buy multiple duplexes/quads in Macon and Milledgeville, Georgia (about 2hrs from Atlanta) and would like advice on financing.  If the community could help me with the below questions, I would appreciate it:

1) If I buy 6 duplexes and want financing, how would conventional financing work, i.e. is this commercial?

2) What terms should I expect (interest rates, 30yr fixed?)?

3) What type of bank or loan officers would you recommend I search for/approach?

4) Does anyone have good contacts in the area?

Many thanks!

Mike

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