Multifamily Mixed Use
Multifamily Mixed Use
In Urban areas all over the country these properties represent a a growing source of profit and opportunity for Real Estate Investors looking to diversify their portfolio, and begin building generational wealth.
Our Small Balance Multifamily Bridge Loan Program permits Real Estate Investors to Purchase or Refinance Multifamily Residential Properties with 5 or more units – or even Mixed Use Properties.
Term
12 Months up to 360 Months
Loan Amount
$100k-2.5MM
Minimum Underwriting DSCR
NONE
Property
5+ Family or Eligible Mixed Use
Purchase or Rate & Term Refinance
No Prepayment Penalty!
Up to 75% LTV.
Can-do mixed-use properties in addition to multi units
4 week turnaround time
Minimum 150k loan amount
Just Funded Projects
June 2022
Fix & Flip
- Weiser, ID
Purchase Price
170,000
Renovation Budget
59,000
Loan Amount
207,000
After Repair Value
309,000
July 2022
Fix & Flip
- Washington, DC
Purchase Price
255,000
Renovation Budget
80,000
Loan Amount
296,750
After Repair Value
450,000
December 2021
Fix & Flip
- Centerreach, NY
Purchase Price
340,000
Renovation Budget
46,050
Loan Amount
321,300
After Repair Value
459,000
November 2021
Fix & Flip
- Hartford, CT
Purchase Price
149,000
Renovation Budget
70,000
Loan Amount
196,650
After Repair Value
290,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
130,000
Renovation Budget
105,300
Loan Amount
209,300
After Repair Value
335,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
62,000
Renovation Budget
60,000
Loan Amount
106,500
After Repair Value
176,000
November 2021
Fix & Flip
- North Babylon, NY
Purchase Price
310,000
Renovation Budget
32,750
Loan Amount
311,750
After Repair Value
495,000
November 2021
Fix & Flip
- East Hampton, NY
Purchase Price
1,250,000
Renovation Budget
577,465
Loan Amount
1,577,465
After Repair Value
2,487,500
November 2021
Fix & Flip
- Jersey City, NJ
Purchase Price
525,000
Renovation Budget
240,650
Loan Amount
848,800
After Repair Value
831,000
Financing Options
Two financing options available to tailor your loan to match the cost and complexity of your project.
LIGHT REHAB
Loan Purpose:
- Purchase
- Or
- Rate & Term Refinance
Maximum Loan to Cost:
- Purchase: 80% Purchase Price and 100% Renovation
- Rate/Term Refinance: 70% As-is value and 100% Renovation
HEAVY REHAB
Loan Purpose:
- Purchase
- Or
- Rate & Term Refinance
Maximum Loan to Cost:
- 80% of Total Costs
How It Works
Easy Steps to Get Funded
Receive a proof of funds
Get verification of your funding capacity.
Source a property
Find the right property to invest in.
Provide requested documentation
Submit essential documents for approval.
Close your Loan
Finalize the deal and secure your funding.
