We Make Financing for Multifamily Buildings Easy!
Offering financing for apartment buildings, otherwise known as multi-family properties, is a specialty here at Alliance Business Capital.
To qualify as a multi-family investment property, the building must have five or more dwellings (apartments), whereas buildings with four or less units are still classified as residential 1-4 investment properties in most states.
To real estate investors, a multi-family apartment building is a solid real estate investment strategy for generating revenue since its cash flow is significantly higher than a single-family property and its operating cost is less influenced by any single vacancy.
In addition to the Multifamily small balance loan program listed here Alliance can assist with larger Multifamily Loans in most markets. Loan Amounts > $5MM up to $100MM and more.
Financing for Multifamily Buildings
If you’re interested in financing for apartment buildings with five or more units, our asset-based mortgage programs can help you meet the needs of self-employed borrowers who often invest in multi-family buildings and write off their expenses against income. While this is a wise tax-saving strategy for real estate investors, it reduces the borrower’s personal income and may make it difficult to qualify them for a traditional mortgage loan.
Asset-based investment property mortgage programs are an excellent alternative because they focus on the value of the property and its revenue-generating potential, thus eliminating the personal income reporting requirements of traditional loans.
Flexible Solutions for Financing an Apartment Building
Our FlexTerm loan is great option for multi-family property investors since it offers:
- A simple financing solution on a purchase or cash-out refinance.
- Interest-only payments up to 10 years.
- The flexibility to remain in the loan for up to 30 years with no balloon payment.
- Lower monthly payments than a hard money loan.
