Five-plus-unit investment property
Multifamily financing, explained.
Acquisition, renovation, bridge, and longer-term financing scenarios for multifamily investment property.
Is this your starting point?
When this path may fit.
You are evaluating a multifamily investment with five or more units, whether the business plan is a stabilized hold, renovation, lease-up, or a transition to longer-term financing.
Identify actual operations separately from your business-plan assumptions. Vacancy, concessions, expenses, renovation downtime, and property condition can change the financing approach.
Questions that shape the review
- How many units are occupied, and what is the actual collected rental income?
- What do current expenses, deferred maintenance, and required improvements look like?
- Is the request based on today's operations or a future renovation and stabilization plan?
What to have ready
- Property address, unit count, and transaction summary
- Current rent roll and available operating statements
- Rehabilitation scope and budget, if applicable
- Requested financing, sponsor experience, and exit strategy
Think through repayment
A transitional project needs a supported path to stabilization and sale or refinance. A longer-term hold also needs payments and loan terms that work with the property's operations.
What happens next?
Send the unit count, occupancy, purchase price or payoff, current income, and your plan for the property. An inquiry starts a conversation; it does not submit a complete application, authorize a credit report, or commit you to borrow.
Start with a short inquiry if you are exploring options. If you are ready to provide full borrower and property information, use the separate secure loan application.