Portfolio Loan for Multifamily Financing

That deal sounds almost too good to be true. but it looks like you have a balloon at the end of the 3rd year.. but 4% down with a 600 fico... something doesn't sound right.. Are you doing a "lease to own" type deal? If so, you need to understand you really don't own the property.. you are leasing it.. If you default on a payment, the owner can evict you.. they don't have to foreclose.. and you would lose your initial 4% down.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893