;) Hi Janet, Are you a hard money lender or a traditional lender?

Hey Andrew, for a 12-unit property, traditional lenders like Fannie and Freddie could be great options, especially if it's stabilized with a strong upside.

So, winters are the traditional slow times for sales & rentals.

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

Alternatively, a private or hard money loan could provide faster funding if traditional lending timelines don’t work, with the option to refinance once the build is complete.

I've also used traditional loans through regional banks and a few SBA loans. 

Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.

Our issue is income on papers too low to qualify for the an FHA or traditional loan.

I’ve had many clients do a traditional 1031 and then they feel like they have a gun to their head with the shot clock.  

However, I am unfamiliar with any lenders having traditional mortgage options for anything with a VIN number such as a trailer.