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· Is it possible to get a loan to buy a apartment complex worth $1.2 – $1.5 million with zero down? Is there a SBA Program that helps in that way? Thanks
financing 5 unit properties, how different than 2-4 units? – Financing is more expensive, and the rates are typically only priced for 5 years for buildings in the 5-12 unit range. So you are at risk every 5 years for interest rate hikes. insurance takes you into Business Owner Policy territory instead of just NOO investor property. Also more expensive.
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Multi Property Loan VA Loan Requirements for Multi-Family Units | VALoans.com – VA Loan Income Qualifications and Multi-unit Properties Purchasing a multi-unit property with a VA loan may sound appealing to borrowers who see it as a means to increasing their income by renting the other units.