According to some measurements, the national average rent has increased over 20% year-over-year (YoY). Owning an apartment building also allows you to build equity; over time, the value of your property is likely to go up, giving you a nice nest egg to tap into when you retire.
One of the best things about owning an apartment building is that it can generate a healthy return on investment. With proper management, an apartment complex can be a very lucrative endeavor. Rents tend to keep going up on a steady basis, especially in markets where there is high demand for rental units. And, as the property appreciates in value, your return on investment will grow even larger.
For the latest financing and rates for rental property Apply Online to get started. We will e happy to help with your financing and rates for rental property or call today at 1-888-375-7977.
Apartment Building Financing For Credit Challenged Investors
FINANCING RATES FOR RENTAL PROPERTY
Term | Swap | Prepay prd. | Recourse | Max LTV | Min. DSCR | Amort. |
---|---|---|---|---|---|---|
5 yr* | 5-yr | Options | Non | 75% | 1.2x | 30 yr |
5 yr* | 5-yr | Options | Full | 75% | 1.2x | 30 yr |
10 yr* | 10-yr | Options | Non | 75% | 1.2x | 30 yr |
10 yr* | 10-yr | Options | Full | 75% | 1.2x | 30 yr |
First Mortgage Lien or Deed of Trust, plus equity pledge of the sponsor.
- $500,000 to $5,000,000+
- 5 and 10 year fixed rates are available
- Partial releases for homes sold
- 1 to 4 family rental homes, condos, town-homes, and apartments
- Cross collateralized and cross defaulted first mortgage and equity pledge\
- Approved LLC or other commercial entity
- Up to 75% of BPO/appraised value
- 25 to 30 year amortization depending on price point, age, and leverage
- Competitive market pricing
- Non-recourse to key principals except for customary bad act carve-outs
If you're an investor with less-than-perfect credit, you might wonder if it’s even possible to secure financing for something as substantial as an apartment building. The answer is yes! Our tailored programs are specifically designed to empower credit-challenged investors, providing options that traditional banks simply don’t offer.
Whether you're just starting out or looking to expand your portfolio, we can help you take the next step. Our process is straightforward, flexible, and built on understanding, not judgment. Let us work with you to find the right solution that aligns with your goals and helps you build the future you deserve.
Learn more about our Credit-Challenged Investor Program today. Because your dreams are worth financing—and your potential deserves to be seen.
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Rental Home Financing Investment Loans