Looking for Financing Specifically for Multi-Family & Mixed-Use Properties?
Fast Money For Flips offers short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments & mixed-use properties.
LOAN CRITERIA
Collateral:
Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space is Great than 50% of Square Footage)
Term:
12 Months (6-Month Extension Available)
30-Years (Amortization Options Available)
Loan Amount:
Short-Term: $250k – $5M ($1M Max per unit)
Long-Term: $250k – $2M
FICO:
Short-Term: 650 Minimum
Long-Term: 680 Minimum
LTV:
Stabilized Bridge
Purchase: Up to 75% of the As is Value
Refinance: Up to 70% of the As is Value
Cash-Out: Up to 55% of the As-Is Value
Fix & Flip
Purchase: Up to 80% of the Purchase Price + 100% of Renovation Costs
Refinance: Up to 70% of the As-Is Value + 100% of Renovation Costs
Cash-Out: Up to 60% of the As-Is Value + 100% of Renovation Costs
Long-Term
Purchase: Up to 75% of the As-Is Value
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 70% of the As-Is Value
Get Started Today!
Please fill out the documents below and email them to Jeffrey Abraham at jeffrey@fastmoneyforflips.com.