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Updated almost 5 years ago,
5 unit multi family financing
Hello everyone .
I am struggling to avoid a commercial loan, my local broker is not having any luck with a residential loan (he has 2 lenders that are still looking) on a 5plex and the fees are so that a commercial loan looks unprofitable, however, there is much room for optimization of the income with this particular complex. Any suggestions or has anyone come across this situation?
Any help is appreciated.