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Hi I am looking to purchase my first 5+ unit property - the price would be about $550,000 - what are my options in terms of getting financing? Does anyone recommend a commercial loan broker?

by bbuddy1952 from Austin, Texas. Jun 16th 2011 Reply


Gianni Cerretani (mortgagegodfather)
#32 ranked lender in Georgia - 238 contributions

I have specialty commercial lenders for this type of property that can do up to 90% LTV with conventional rates of 7-8%. i woul dlove to help you out if you are interested in speaking. gianni.cerretani@fcmhomeloans.com or 678-381-2264

Jun 16th 2011
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Rudi Hofmann (CaPortfolioLoans)
#281 ranked lender in California - 380 contributions

I suggest you ask your buyer's agent for some referrals. Lenders will vary on their debt coverage ratios, rates and fees.Happy funding, Rudi

Jun 16th 2011
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MIKE CONVIN (mconvin)
#6 ranked lender in Delaware - 202 contributions

I work with commercial private investors that can fund high LTV commercial deals depending on entire scenarios. Credit is not a factor but file does have to be make sense etc..Could u confirm the estimated Value? Give me a call to discuss (Mike 703 505 5300)

Jun 16th 2011
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Ulysses Fletcher (ufletcher8141)
#26 ranked lender in Georgia - 245 contributions

I am a Broker that handle Commercial loans Nationwide.If you send me your email address.I will send you a form to fill out and let me see what I can do for you.My email address is:ulyssesfletcher@numail.org.

Jun 16th 2011
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Ulysses Fletcher (ufletcher8141)
#26 ranked lender in Georgia - 245 contributions

I have different programs that fit your needs for a multifamily unit.If you send me your email address,I can send you the paperwork to fill out to get the process going. My email address is:ulyssesfletcher@numail.org

Jul 6th 2011
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