MULTI-FAMILY REHAB LOANS
Rates as low as 7.99%
up to 75% of purchase price
No Income or Asset Verification
General guidelines:
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If repairs are needed borrow up to 75% of purchase price + 100% of renovation
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If stabilized, borrow up to 70% of purchase price
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Cash out to 55% of as-is value
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Apartment buildings (5+ Units) and Mixed Use (at least 50% residential)
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12 Months (with option to extend)
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Low Doc (No tax returns | No asset verification | No VOE)