Posted by Izzy on August 26, 2003 at 17:40:33:
bump…
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