"Project financing program. We offer flexible financing for various projects by following the usual rigorous procedures. This funding program allows a customer to enjoy a low interest rate repayment for as low as 2% per year for a period of 2-30…"
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ADVICE FOR CLOSING ON A MULTIFAMILY PROJECT
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I submitted a loan request for a multi family project structured with 30% down. I was contacted back and the lender said the deal was doable but that I would need a partner with multifamily…Continue
Tags: loan needed, partnership, multifamily
Started this discussion. Last reply by Shane Adams Feb 21, 2021.
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ADVICE FOR CLOSING ON A MULTIFAMILY PROJECT
I submitted a loan request for a multi family project structured with 30% down. I was contacted back and the lender said the deal was doable but that I would need a partner with multifamily experience. I structured the project with 30 down over 3 million and noi after mortgage and expenditures of 127,000+ /year and 457,000 cash on hand after close with another 6 months reserves all expenditures. My credit not so bright and would be my first deal. Can someone advice me of how I can get a…
ContinuePosted on April 1, 2018 at 5:18am — 1 Comment
Comment Wall (1 comment)
- At 2:40am on March 26, 2018,
Sophie Reyer said…
Good Day,
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Anna Kokou.
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