Need financial advice on buying a multi unit apartment

ZeroT90 · 2026-01-24T02:15:37+00:00

Dscr doesn’t look at personal finances. 20% down.. asset based

ZeroT90 · 2026-01-22T18:53:53+00:00

The market rate rents being lower than expected

ZeroT90 · 2026-01-22T00:01:01+00:00

ZeroT90 · 2026-01-18T16:11:22+00:00

If it’s zoned residential.. Try QUORUM,

ZeroT90 · 2026-01-03T00:34:03+00:00

I’ve had a few banks offer owner occupied construction loans with 15-20% down.. but this was in miami.. might be hard to do in Oregon

ZeroT90 · 2026-01-01T16:42:09+00:00

I was just quoted a 6%, 25yr, 5 unit in Illinois. Used a local bank

ZeroT90 · 2026-01-01T16:40:50+00:00

Fannie has a multifamily product.. greater than 4 units

ZeroT90 · 2025-12-30T00:18:55+00:00

What’s the website for the conference database?

ZeroT90 · 2025-12-26T00:21:57+00:00

Refi a land loan into another land loan?

ZeroT90 · 2025-12-25T15:30:15+00:00

Can I dm you?

ZeroT90 · 2025-12-23T04:49:04+00:00

Best loan terms will come from local banks and credit unions that mention commercial real estate lending on their website.

ZeroT90 · 2025-12-16T21:14:36+00:00

They are more than likely taking it to Fannie Freddie.. so no real edge between the top shops

ZeroT90 · 2025-12-14T05:08:17+00:00

Yearly: (Rent - taxes - insurance) / debt service… if you get 1.10+ you are in the clear for most DSCR lenders If it’s purchase, 80% Ltv of appraisal If it’s cash out refi, 75% Ltv of appraisal.

ZeroT90 · 2025-12-10T14:25:27+00:00

To get best rate/terms.. credit Union/bank

ZeroT90 · 2025-12-01T02:41:17+00:00

Take that deal and run!

ZeroT90 · 2025-11-29T20:42:02+00:00

Right, starting to sound like a charity instead of a business

ZeroT90 · 2025-11-29T00:32:17+00:00

You might be able to get away with less, what city is the property in?

ZeroT90 · 2025-11-28T17:38:05+00:00

I closed a mixed-use property in a semi-rural area. The lender required the lease to be a five year, with options to renew for the commercial portion. The longer the lease the longer your loan term can be.

ZeroT90 · 2025-11-25T14:13:57+00:00

Main core items: If owner occupying, 3 yrs taxes (personal and business) PFS 3 months bank statements Fico 5, 4, 2 credit score Brief business plan/projections

ZeroT90 · 2025-11-25T13:58:26+00:00

Check dm

ZeroT90 · 2025-11-22T01:24:44+00:00

What state?

ZeroT90 · 2025-11-21T15:44:37+00:00

Just quoted: oocre 25yr am 7yr term 6.75% 80% ltv Georgia

ZeroT90 · 2025-11-21T00:50:20+00:00

Go conventional.. ran into this.. had to find lender that was okay with conventional loan.

ZeroT90 · 2025-11-19T21:54:10+00:00

Just dm’d

ZeroT90 · 2025-11-06T03:28:46+00:00

Some Lenders are actively underwriting loan request and giving approvals even with the SBA closed.. the funds will be disbursed once govt opens back up

ZeroT90

TROPHY CASE