All Forum Posts by: Vamsi Peddinti

6 units

Thank you. Looking for a lenders in Texas

We are looking for lenders for Commercial Multi-Family Mortgage for $700K. Our down payment is 30-40%. Please suggest lenders for a 20yr or 30yr fixed loan.

6 townhomes combined as a unit on a 0.5-acre land. not 6 different townhomes. 

Hi, this is our first rental property. We formed LLC and trying to apply loan for 70% of value. What is the approximate interest rate for Multifamily Rental Property ? Are there any recommendations for lenders for fast approval? Any suggestions in approaching lenders? We calculated DSCR and it is above1.20? Credit score is 750+ for all members in LLC. Please guide me. thank you

I'm planning to invest in self-storage in Austin. is it a good idea to start in Austin? please give your feedback on this idea.

@Salvatore Lentini

I have good credit score, cash for the down payment, time to search. But lack guidance. Just anxious that something may go wrong. What should I do?

How long did it take for you to built up 127 units portfolio?