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Updated about 3 years ago on . Most recent reply

User Stats

40
Posts
26
Votes
James Brewer
  • Rental Property Investor
  • San Diego, CA
26
Votes |
40
Posts

Lender for construction or bridge loan at 80%LTV?

James Brewer
  • Rental Property Investor
  • San Diego, CA
Posted

Any lender recommendations on a construction or bridge loan at 80%LTV for commercial multifamily? Also a new LLC.

Would like to get under contract on a property performing well with 80% occupancy but the remaining units are vacant and need a full rehab so DSCR doesn't seem like an option at barely 1.0 or less.

THANKS!

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