Commercial Apartments and Mixed Use Purchase and Rehab (12-18 months) Guidelines & Pricing:
Loan Amount: $250k-$5M
LTV of Purchase price: up to 80%
LTC of Rehab amount: 100%
Max Loan to ARV: up to 70%
Minimum As-Is Appraised Value: $250k
Collateral: Commercial apartments 5+, Mixed use with Apartments, Condo Conversions, No limit on number of units
Term: 12 months
Rate: Starting at 9.99%
Points: Vary based on loan amount
Credit Score: 680 Minimum
No pre-payment penalty
If you need a bridge loan or a rehab loan for Multifamily with 5 or more units, or a true Mixed-Use (commercial with at least one residential unit) then I am your guy! We offer this program in 45 states. Broker Fees appear on the HUD and your client is always yours.
We lend in 44 states! Please email details of your loan scenario to firstname.lastname@example.org.
We are direct lenders and want to finance your deals!