866-461-2695 ken@hardmoneyman.com

5+ Unit Mixed Use Program

Get Money To Rehab Small & Large Apartment Buildings

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We have funded over 5,000 fix and flip rehab loans in the last 7 years and want to fund your next deal.

Rehab & Stabilized 5+ Unit Apartment Loans

If you are a real estate investor looking for Apartment Loans look no further. We have funded over 5,000 loans in the last 7 years and want to fund your next deal. With our commonsense underwriting and quick closings, you will never look for another lender again after closing your 1st deal with us!

Submitting your application package is quick and easy.

5+ Unit Apartment Building Rehabs

  • 5+ unit apartment building rehab/fix and flip
  • Loan amounts from 250k and up
  • 80% Purchase 80% repairs 70% ARV Max loan
  • 660+ credit required
  • Must be able to show recent (last 24 months) rehab experience
  • Rates from 8.5-9.5%
  • Points 2.25
  • 2 year loan term
  • Option to extend for 2 years (1 point per year to extend)
  • Debt Service (pro-forma) 1.20 or better
  • No pre payment penalty
  • Interest on construction funds only when drawn
  • No rural properties
  • Add 1/2 point to rate + points for non-recourse
  • Upon signed term sheet deposit for appraisal, budget inspection, Phase 1 required
  • Closing time 20-25 days

5+ Unit Apartment Building Stabilized

  • 5+ Unit Stabilized Apartment Building
  • Purchase/Refinance/Cash out
  • Loan amounts from 250k and up
  • 75% Purchases, 70% Refinances w/cash out (paying off a mortgage), 55% Cash out on free and clear properties
  • 660+ credit required
  • Must be able to show recent landlord experience
  • Rates from 7.5-8.5%
  • Points 2.25
  • 2 year loan term
  • Option to extend for 2 years (1 point per year to extend)
  • Debt Service (actual) 1.20 or better
  • 6 month pre payment penalty
  • No rural properties
  • Add 1/2 point to rate + points for non-recourse
  • Upon signed term sheet deposit for appraisal, budget inspection, Phase 1 required
  • Closing time 20-25 days

We Also Lend On Mixed Use Properties!

  • Mixed Use Properties (Residential/Commercial mix)
  • Must be 4-5 residential units w/commercial space
  • Sq footage requirements – 70% residential /30% Commercial
  • Rehab and Stabilized OK – Same guidelines as the 5+ Unit Program

Same Day Decisions. 7 Day Closings. 

Get Your Pre-Approval

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