multi-family

bridge LOANs

Unlike a fix and flip loan, a multi-family bridge loan is geared for purchasing multifamily properties, including apartment buildings, student housing, seniors housing, and multifamily mixed-use housing. Like other hard money loans, this type of loan is used for purchasing properties not eligible for traditional financing options, such as federally backed loans. Common reasons to get a multi-family bridge loan include investment property purchase, refinance, equity cash out, rehab or new construction. The length of these loans can also be longer than a fix and flip loan, ranging from 3 months to 3 years, though the majority are 12 - 24 months long.

Kings Of Capital is a private money lender offering short-term mortgage loans to real estate investors nationally for multifamily purchases and rehab . Locating a great lenders near you that understand your market is very important. Get a private money loan for an investment property purchase, refinance, equity cash out, rehab or new construction.

 

Get ahead of the competition in real estate market. It’s Fast, Easy, and Just Takes Minutes.  Speak to a Multi-Family Bridge Loan expert today by calling 267-630-2875

 

Get a Free. No Obligation. Instant Rate Quote Today!

Ready to get started with a Multifamily lending specialist?

Get ahead of the competition in the real estate market. It’s Fast, Easy, and Just Takes Minutes. Speak to a Investment Property  expert today by calling

267-630-2875

Get a Free. No Obligation. Instant Rate Quote Today!

Direct Lender Offering Multifamily Bridge Lender

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska New Hampshire New Jersey New Mexico North Carolina Ohio Oklahoma Pennsylvania Rhode Island South Carolina Tennessee Texas Virginia Washington West Virginia Wisconsin Wyoming

Direct Lender Offering Multifamily Bridge Lender

-Atlanta, GA -Austin, TX -Boston, MA -Bronx, NY -Brooklyn, NY -Charlotte, NC -Chicago, IL -Cleveland, OH -Columbus, OH -Dallas, TX -Denver, CO -Fort Worth, TX -Houston, TX -Indianapolis, IN -Jacksonville, FL -Kansas City, MO -Los Angeles, CA -Miami, FL -Minneapolis, MN -New York, NY -Orlando, FL -San Antonio, TX -San Diego, CA -San Jose, CA -Seattle, WA

-St Louis, MO -St. Petersburg, FL

  • Loan Amounts: Minimum $1M to Maximum $15M

  • Leverage: Up to 80% of Purchase and 100% of Repairs

  • LTC: Up to 85%

  • Max LTV: Up to 70% of the stabilized value

  • Rate: L+ 375 – L+700

  • Eligible Properties: Apartments 5-350 Units (Per door minimum $30K)

  • DSCR: No minimum at Acquisition

  • Points: Determined by the property, sponsor, and loan

  • Closings: In as little as 20 business days

  • Amortization: Interest Only (No interest charged on undispersed funds)

  • Loan Term: 12-36 Months

  • Guarantee: Non-Recourse and Recourse Options

  • Credit: Minimum FICO 650

How can I get a Multi-Family Bridge loan? 

 

Any real estate investor is eligible to get a fix and flip loan, though a minimum FICO score is sometimes required unlike the majority of hard money loans. Like other hard money loans, the application process is streamlined, making it simple and speedy. Talk to a trusted hard money lender to receive a rate quote. 

 

Who can apply for Multi-Family Bridge loans?

 

Unlike other hard money loans, multi-family bridge loans can require sponsorship or a minimum FICO score. Like other hard money loans, they are well suited for investors who are not eligible for a finance loan due to either issues with the investment property or their own financial information.

© 2019 by Kings of Capital, LLC

  • facebook
  • instagram

KINGS OF CAPITAL | info@kingsofcapital.com|267-630-2875

Rates, terms and conditions & Privacy Policy, offered only to qualified borrowers and are subject to change at any time without notice. Closing times are in business days and commence upon receipt of appraisal payment and satisfaction of borrower conditions. Closing times may be delayed due to appraiser property access