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Looking for a lender - co-op as an investment

Started by andreasgenz
over 10 years ago
Posts: 0
Member since: Jul 2010
Discussion about
bought an apt in a co-op building a year ago. Now I'm interested in buying another apt in the same building. The seller will only sell me if I rent it back to him for a year . I'm looking for a lender that does portfolio loans. Someone that is will to finance a co-op as an investment. Any ideas ?
Response by streetsmart
over 10 years ago
Posts: 883
Member since: Apr 2009

I may have a lender that will do it. However the LTV can be no more than about 60%
Ellen Silverman
Mortgage Broker since 1990
NMLS# 60631
esfunding co@aol.com

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