Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
North Carolina Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Andrew Hove
  • Durham , NC
3
Votes |
6
Posts

Looking for a lender recommendation in Durham/Raleigh

Andrew Hove
  • Durham , NC
Posted

Hello, 

I currently own a quadplex in downtown durham and am trying to find financing to pull cash out. It's proven a bit difficult. The property is technically two identical duplexes right next to each other on one tax parcel of land. Fannie/Freddie residential lenders won't touch it because they want to treat it as two houses, not one quadplex. 

So I either need a good portfolio lender that will do a 15 or 30 year home loan or a business lender. I've hit walls with my current contacts. 

The property cash flows well, all tenants are current, and I have 4 signed leases. 

Can anyone help me out? Thanks 

Loading replies...