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Updated almost 7 years ago on . Most recent reply
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Fannie Mae Multifamily Small Loan Program
Hello everyone,
I'm trying to find ways to finance my apartment complex, I love the Fannie Mae multifamily loan product. However. I don't meet the net worth requirement or liquidity. Are there ways for me to meet those requirements without having a partnership?
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@Brian Garrett unfortunately for the rest of you they are only in WI. It is a small regional bank. They actually found me through our local 'landlords association' where they were reaching out to investors. They are actually about 90 minutes away so I am not sure if I would have found them otherwise. The guy we work with is also an investor himself which really helps when talking over possible deals.
Dan Dietz