Apartment Rehab Loans are available for investors and contractors to rehab and remodel multifamily complexes. Apartment purchase financing for Distressed Multifamily Assets and discounted apartments in need of commercial rehab loans can obtain special commercial financing specifically for apartment and multifamily purchase and rehabilitation.
Apartment Rehab Loan and Multifamily Purchase loans for rehab and remodel range from Private Equity loans for apartments, to Bridge loans to Apartment Hard Money Loans. These loans have the most flexible terms. While down payments can be lower, the LTV for these loans range from 60-65% with better projects having LTV’s as high as 70-75%.
Hard money loans and bridge financing for the purchase of under-performing multifamily assets are the first choice for many investors in today’s market. The financing allows borrowers to purchase and rehab the property using less of their own money. Apartment purchase and rehab loans are great for properties that are slightly distressed but still have cash flow.
For those investment teams that have experience with multifamily or apartment community investing, there are now many options and strategies available for apartment rehab loans for the purchase of stable or distressed multifamily assets. Give the experts at Dividend America Commercial Lending a call.
Dividend America is a solution’s based lender that helps design lending strategies to help investors and commercial real estate investment companies grow and thrive in this opportunistic market. Call Mike Gross, President, at 404-819-4511 or email him at mgross@dividendamerica.com. For quick answers to your apartment purchase financing questions fill out the online easy app!
Apartment Rehab Loans – Multifamily Purchase – Apartment Hard Money Loans, Atlanta, GA, Phoenix, AZ, Dallas, TX, Charlotte, NC, Chicago, IL, Jacksonville, FL, San Diego, CA
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