MULTI-FAMILY (5+ UNITS)

We make financing for apartment buildings easy.

To qualify as a multi-family investment property, the building must have five or more dwellings (apartments), whereas buildings with four or less units are still classified as residential 1-4 investment properties in most states.

To real estate investors, a multi-family apartment building is a solid real estate investment strategy for generating revenue since its cash flow is significantly higher than a single-family property and its operating cost is less influenced by any single vacancy.

While a larger multi-family property lowers the risk for investors, it's important to communicate that lenders typically assign a higher risk profile to apartment building loans since the properties are harder to liquidate than smaller residential investment properties.

Lenders often use a lower LTV in financing an apartment building to offset the increased risk, so as a borrower you may need to provide a larger downpayment.

Financing for multi-family buildings.

As an investor if you’re interested in financing for apartment buildings with five or more units, asset-based mortgage programs can help meet the needs of self-employed borrowers who often invest in multi-family buildings and write off their expenses against income. While this is a wise tax-saving strategy for real estate investors, it reduces the borrower's personal income and may make it difficult to qualify them for a traditional mortgage loan.

Asset-based investment property mortgage programs are an excellent alternative because they focus on the value of the property and its revenue-generating potential, thus eliminating the personal income reporting requirements of traditional loans.

Flexible solutions for financing an apartment building.

FlexTerm loan program is great option for multi-family property investors since it offers:

A simple financing solution on a purchase or cash-out refinance.

Interest-only payments up to 10 years.

The flexibility to remain in the loan for up to 30 years with no balloon payment.

Lower monthly payments than a hard money loan.

Multi-Family Loans

SHORT TERM:

12 – 18 Months (Extended Terms Available)

From $250k to $250 Million nationally

Short-Term: 660 Minimum

Purchase: Up to 75% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value

Purchase: Up to 80% of the Purchase Price + 100% of Renovation Costs
Refinance: Up to 75% of the As-Is Value + 100% of Renovation Costs
Cash-Out: Up to 70% of the As-Is Value + 100% of Renovation Costs

Multi-Family Apartment Buildings 

30-Years (Amortization Options Available)

$100k – $250M

680 Minimum

Stabilized Bridge
Purchase: Up to 70% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value