Lenders consider Multi-family as 5+ units. ?M-F is pretty lucrative when buying as well as funding. ?These are usually non-recourse loans, depending on the properties condition. When acquiring an M-F property, there are so many options to consider. ?We can help with that as well. ?Our specialty is analysis, acquisition, management and rehab. ?
As always, Lenders look at one or more of the 3-C’s;
CREDIT (Even down to the 500’s)
CASH-FLOW (Great to know for pay-back)
COLLATERAL (The asset is critical, of course)
Call or email us what you are wanting to do. ?We can help!