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Updated over 2 years ago,
Lender for construction or bridge loan at 80%LTV?
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!