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Financing more than a four unit complex
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Can I obtain financing for a complex with more than four units?Yes, you can obtain financing for a complex with more than four units. Typically this is considered a commercial property, therefore you will need to obtain a commercial mortgage. In order to receive financing for a commercial property, you will need generally a minimum of 20% down. Expect your rate to be 10% or higher because a commercial loan is not a typical conventional residential mortgage. Also, the terms differ as well. Contact your local mortgage professional at or to determine whether or not you qualify for a commercial mortgage or to determine whether or not the terms are favorable to your project or not.