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Updated over 8 years ago on . Most recent reply

User Stats

57
Posts
16
Votes
Michael Lee
  • West Palm Beach, FL
16
Votes |
57
Posts

Will A Lender Provide Financing Based on Numbers of Deal?

Michael Lee
  • West Palm Beach, FL
Posted

Hello, All 

I am interested in acquiring a duplex or triplex as my first rental property what I would like to know is will I be able to have the property financed based on the numbers of the deal? or am I just wasting time normally you would present an offer like this to a hard money lender but the points and interest rate that comes with using their money I am trying to avoid if possible. I figured I could possibly target smaller banks or credit unions who could be slightly more flexible rather than a big bank any advice would help 

Thanks, 

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