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Updated over 3 years ago on . Most recent reply

User Stats

47
Posts
18
Votes
James Fraundorf
  • Investor
  • Seattle, WA
18
Votes |
47
Posts

Is this possible? Jumbo conventional loan on a 4plex/condo in MN

James Fraundorf
  • Investor
  • Seattle, WA
Posted

Question, How would you do a conventional finance on a 4unit duplex that's technically a condo? Location is near Bemidji, Minnesota. There is no HOA and there would not be one owner (there would need to be co-borrowers as my business partners and I want to take this down together). We are really needing some help to think creatively about how to take this property down. Also it would need to be a jumbo loan I think, as it's over $1million. Thanks for any insights/advice!

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