My partner Mike Motlaugh, who’s a commercial mortgage Broker, finally found a small bank that provides commercial NON-RECOURSE loans, with NO TAX records required. Their niche is apartment buildings only, and they’ve been in business for over 20 years. The non-recourse mortgage interest rates are under 4.5%-7% @ 1 pt, and a 20% down payment is required. For refi’s or cash-outs, it’s 75% LTV. You guys know these kinds of commercial loans are impossible to find!!!
Yes, it is only 1 point, because this is a REAL bank ending the $$$, not some hard $ lender or a loan shark 
