Buying an 8 unit apartment building. How much down do I need? Can you help me with financing?

I would like to purchase a small 8 unit apartment building. Cost will be $1.09 Million. I have good credit and 2 rental properties right now. I would prefer to avoid hard money if possible because I plan on keeping this one long term.

Can you help me?

Tina

Views: 638

Reply to This

Replies to This Discussion

What is location, condition, current rents?

Tina, Hi, at least 20% down, as much as 25% on a DSCR. We are a correspondent lender and are interested in chatting with you.

marc@harrismoney.com

203-875-0914

When The Big Banks Can't Help, We Can!
Incredibly Fast Gig-Worker Funding, Small Business Capital, Customer Finance, And Payment Processing

https://davidallencapital.com/?refcode=102714544&u=102714544

Business funding has never been easier. Let's get started!

Step 1 - Apply
Complete our simple application. You will be done in minutes.
Step 2 - Link Bank Or Upload Statements
Depending on funding type and amount - you will be approved simply by verifying and linking your bank account - or by uploading your bank statements.
Step 3 - Receive Offer and Get Funded
With most funding, you will receive an instant offer on screen. With larger funding and Lines of Credit- you will receive an offer via email within one hour to one business day.

Quick Funding up to $2M!
https://davidallencapital.com/?refcode=102714544&u=102714544
( Funding for USA project clients ONLY below US2M Online Direct Application Website )

David
DavidAllenCapital Registerd Broker
https://davidallencapital.com/?refcode=102714544&u=102714544

Will need from 20% to 30%  depending on several factors. If you want to chat let us know. 

When The Big Banks Can't Help, We Can!
Incredibly Fast Gig-Worker Funding, Small Business Capital, Customer Finance, And Payment Processing

https://davidallencapital.com/?refcode=102714544&u=102714544

Business funding has never been easier. Let's get started!

Step 1 - Apply
Complete our simple application. You will be done in minutes.
Step 2 - Link Bank Or Upload Statements
Depending on funding type and amount - you will be approved simply by verifying and linking your bank account - or by uploading your bank statements.
Step 3 - Receive Offer and Get Funded
With most funding, you will receive an instant offer on screen. With larger funding and Lines of Credit- you will receive an offer via email within one hour to one business day.

Quick Funding up to $2M!
https://davidallencapital.com/?refcode=102714544&u=102714544
( Funding for USA project clients ONLY below US2M Online Direct Application Website )

David
DavidAllenCapital Registerd Broker
https://davidallencapital.com/?refcode=102714544&u=102714544

When The Big Banks Can't Help, We Can!
Incredibly Fast Gig-Worker Funding, Small Business Capital, Customer Finance, And Payment Processing

https://davidallencapital.com/?refcode=102714544&u=102714544

Business funding has never been easier. Let's get started!

Step 1 - Apply
Complete our simple application. You will be done in minutes.
Step 2 - Link Bank Or Upload Statements
Depending on funding type and amount - you will be approved simply by verifying and linking your bank account - or by uploading your bank statements.
Step 3 - Receive Offer and Get Funded
With most funding, you will receive an instant offer on screen. With larger funding and Lines of Credit- you will receive an offer via email within one hour to one business day.

Quick Funding up to $2M!
https://davidallencapital.com/?refcode=102714544&u=102714544
( Funding for USA project clients ONLY below US2M Online Direct Application Website )

David
DavidAllenCapital Registerd Broker
https://davidallencapital.com/?refcode=102714544&u=102714544

How much loan do you need, and how soon do you need the loan ?

Commercial Real-Estate Backed Funding

https://davidallencapital.com/?refcode=102714544

Longer Terms.  Higher Offers.

Loan offers up to $50M.
Lower payments with terms up to 5 years with 30 year amortization.
Current Rates 7.5% - 8.5%*.

RSS

© 2023   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service