Multi Family & Mixed Use

Best For

Experienced Multifamily borrowers who seek financing for investment properties with 9+ units for the purchase and rehab of a property to maximize market rents.

Can also be used for the refinance of currently owned properties to renovate and increase current market value.

The Basics

> 700 FICO

Purchase: 85%

Rehab Budget: 100%

ARV: 65%

  • Entity borrowers, including LLCs, LPs, Trusts & Corps

  • 12-18 mo (price bump for 18 mos)

  • $35,000

  • $250K - $2.5 milion

  • 1st lien only; no subordinate lens

  • Minimum of 1:20 market rents

  • No Cash out; Payoff & Rehab only

  • No rural properties, must be in a metro area. No vacancy or abandoned properties nearby. No blight ridden areas