Short-Term Multi-Family Financing

Description:
Short-term bridge or fix & flip financing for apartments (5+ units) and mixed-use (70%+ residential).

Criteria:

• Collateral: 5+ unit apartments, mixed-use (≥70% residential)
   
• Term: 12–18 months
   
• Loan Amount: $250,000 – $10M (max $1M per unit, min $35K per door)
   
• LTV:
   
  • Stabilized Bridge:
     
    • Purchase: Up to 75% as-is
       
    • Refinance: Up to 70% as-is
       
    • Cash-out: Up to 65% as-is
       
  • Fix & Flip:
     
    • Purchase: Up to 80% purchase price + 100% rehab costs
       
    • Refinance: Up to 70% as-is + 100% rehab costs
       
    • Cash-out: Up to 65% as-is + 100% rehab costs
       
• Credit Score: 620 minimum