Any programs for financing small multifamily? FN, FHA...

Topic Author

Joe A

Posts: 1
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13 years 11 months ago #5733 by Joe A

Any programs for financing small multifamily? FN, FHA... was created by Joe A

Hello, I am attempting my first venture in multifamily investment. I am considering purchasing a 250k 2 unit property located on a college campus in Philadelphia. I would like to purchase the property in a LLC to limit my risk. Any ideas of the best place to go for a loan? I am being qouted 25% down, 6.5% by one bank..hoping there is better out there...Does FN or FHA have a program?

13 years 11 months ago #5733 by Joe A

Robert

13 years 10 months ago #5908 by Robert

Replied by Robert on topic Re:Any programs for financing small multifamily? FN, FHA...

Hello Joe,

I noticed you are looking for financing for your first multifamily property. Do you have a property under contract? IF so send me the details and I may be able to help.

www.privatemoneybank.com/rsullivan

We provide unlimited financing, nationwide for real estate investors that cannot get financing through traditional banks. Contact me if I can help.
Good Luck

13 years 10 months ago #5908 by Robert

Sean Watson

13 years 10 months ago #5909 by Sean Watson

Replied by Sean Watson on topic Re:Any programs for financing small multifamily? FN, FHA...

Joe,

I am also in the Philadelphia area. Try Ambler Savings. They definitely use to go to 75 LTV unless there was a recent change. A local bank would be good for a smaller deal.

Sean Watson
Managing Partner
Watson & Donohue Capital
64 E. Uwchlan Ave #235
Exton, Pa 19341
484.680.3840
www.watsondonohuecap.com
Follow Us: www.twitter.com/WDCapital
What I’m reading: paper.li/WDCapital

13 years 10 months ago #5909 by Sean Watson

Bric LLC.

13 years 10 months ago #5937 by Bric LLC.

Replied by Bric LLC. on topic Re:Any programs for financing small multifamily? FN, FHA...

We can help... BRIC, LLC. www.thebric.net NICHE PROGRAM AVAILABLE 400K AND BELOW! MARGINAL CREDIT OK! :cheer:

13 years 10 months ago #5937 by Bric LLC.