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Updated over 3 years ago,

User Stats

397
Posts
215
Votes
Ethan G.
  • Attorney
  • Katy, TX
215
Votes |
397
Posts

Loan Options for Heavy Multifamily rehab ($900k) in TX Valley

Ethan G.
  • Attorney
  • Katy, TX
Posted

I've got a potential deal in Rio Grande Valley that will be a heavy multifamily rehab (~$900k) on a $200k purchase price - 32 unit building.  Does anyone have recommendations on a loan broker that may be able to help on a non-recourse bridge loan or a full recourse bank loan?  I am trying to avoid hard money rates but not sure if possible given such a large rehab budget. Thanks!

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