hard money multi-family? - Posted by Shannon

Posted by mikeh on November 18, 2000 at 02:12:44:

Single family residences, Duplexes, triplexes and four plexes fall under basic conventionl underwriting guidelines. Most lenders private and institutional look at anything under four units as a conventional property. the problem occures when you go over 4 units. 5 units and up are considered commercial propertys and are alot harder to finance.

hard money multi-family? - Posted by Shannon

Posted by Shannon on November 16, 2000 at 14:37:22:

I know you can get a hard money lender to loan 55-70% of fair market value on a single family home. Is this also possible with duplexes and four-plexes?

Shannon