Financing Multi-famliy 2-4 Units

teressa41 profile photo

I'm in one state and would like to invest in a muiti famly with 4 units in another ****Must Reach Freshman Investor status before posting URL's*** have found a 4 unit multiy-family at $65 and I could put down 20% it would bring in $1,480 before tax's and Ins..

How do I go about getting financing..do I go to a local bank here or find one in the state I would like to invest?
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confused

Comments(3)

  • RunningQ30th January, 2004

    I think I can put this here because I don't work for Washington Mutual. If you can put down 20% they have some terrific programs for investors especially looking at 2-4 unit properties. Do a web search for washington mutual and you can get all the contact info you need. Heck you can even apply on line.

    Good luck,

    Q

  • DecisionMan1st February, 2004

    Plenty of lenders can do this. What State is the property, and what State do you live in? I'll make a post for you on www.loantoolbox.com and get you a quality lender.

  • teressa411st February, 2004

    Thanks for replying
    I'm in California and the state I would like to buy these units are in the state of Indiana..I havent seen these units as of yet but plan to go back there is a few weeks and have a look around

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