Apartment Loans - Acquisition
Apartment loans for acquisitions of additional apartment buildings are available and funding in the small balance loan space is aggressive. Those commercial real estate investors who are acquiring apartment buildings and apartment complexes in the $1 million to $5 million range can now find easier qualification and more choices.
With loan to value ratios reaching 80% and loans with fixed terms up to 10 years and amortization periods of 25 years, these new apartment loans for acquisition of additional doors are helping real estate investors grow their portfolios in the B/C apartment building and apartment complex space.
Apartment Loans - Refinance
Additionally, apartment loans for refinance are very similar to apartment loans for acquisitions. These new small balance loans are specifically targeted to the lower balance apartment loans and allow for refinance, even with cash out!
Refinancing an apartment loan with rates as low as 2.99% can help an real estate investor dramatically increase cash flow and profitability. These apartment loans designed for refinance also have long fixed terms, up to 10 years and amortization periods of 25 years.
Real estate investors who are acquiring additional apartment buildings or apartment complexes or who would like to refinance into a great, low rate should contact the experts at Dividend America Commercial Lending. Even if you have a prepayment penalty, their analysis may show the savings are so great that refinancing makes since.
Lending in all 50 states and focusing on Multifamily Financing and Apartment Loans in the markets and submarkets listed in the S&P Case Shiller Home Price Index and the surrounding secondary markets to those cities. We look for opportunities in: Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, Fort Lauderdale, Orlando, San Diego, New York, San Francisco, Phoenix, Atlanta, Tampa Bay, Detroit, Minneapolis-Saint Paul, Charlotte, Dallas / Fort Worth, Portland, Seattle, Cleveland, Oklahoma City, Jacksonville, Indianapolis, Nashville, Kansas City, Louisville, Milwaukee, New Orleans, Philadelphia, Raleigh, Sacramento, Salt Lake City, San Antonio, San Jose, Saint Louis, Tucson, Austin, Baltimore.