Getting 100% CLTV on 5+ units? - Posted by Izzy

Real Estate Investing
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Posted by Izzy on August 26, 2003 at 17:40:33:

bump…

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Getting 100% CLTV on 5+ units? - Posted by Izzy

Posted by Izzy on August 26, 2003 at 02:01:18:

has anyone been successful with getting the bank to agrree to a loan where the seller second is allowed for up to 100% LTV?

I have several banks that will allow up to 85-90% LTV on commercial properties, but cannot find one that will allow a “real” no money out of pocket deal, even when they are protected by only 75% LTV, with the seller in second position.

can anyone provide me with the name and number of a lender? (not a broker…)

thanks!

izzy