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Updated about 1 year ago on . Most recent reply

Manny Rivas's profile image
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Manny Rivas
  • from San Diego, CA
  • Member since Mar 16, 2021
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Manny Rivas's profile image
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Manny Rivas
  • from San Diego, CA
  • Member since Mar 16, 2021
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Manny Rivas
  • San Diego, CA
3
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HML financing recommendations for Multi Family units in Louisiana

Manny Rivas
  • San Diego, CA
Posted

Hello, I'm looking to invest in a distressed 14 unit multi-family property in Louisiana and would like to obtain a HML. I can add lots of value to this property but I'm having trouble finding a lender. My lenders don't provide loans for Multi Family properties. Any recommendations for a HML in the Louisiana area would be greatly appreciated.

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Baton Rouge, Louisiana
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Rashawn Dally's profile image
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Rashawn Dally
  • Lender
  • from Farmington, CT
  • Member since Jan 14, 2021
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Rashawn Dally
  • Lender
  • from Farmington, CT
  • Member since Jan 14, 2021
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Rashawn Dally
  • Lender
  • Farmington, CT
5
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11
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Rashawn Dally
  • Lender
  • Farmington, CT
Replied
Quote from @Manny Rivas:

Hello, I'm looking to invest in a distressed 14 unit multi-family property in Louisiana and would like to obtain a HML. I can add lots of value to this property but I'm having trouble finding a lender. My lenders don't provide loans for Multi Family properties. Any recommendations for a HML in the Louisiana area would be greatly appreciated.


 Sounds like a great opportunity. Have you in vested in Louisiana before? I recently came across quite a few deals in Louisiana - Anyone knows why LA is booming right now?

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