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Buying & Selling Real Estate

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Mike Akerly
  • Rental Property Investor
  • Los Angeles
11
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25
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Small Multifamily Investment Financing

Mike Akerly
  • Rental Property Investor
  • Los Angeles
Posted Aug 14 2018, 11:22

What are you seeing out there now with regards to loan terms for non-owner occupied, small multifamily properties (1-4 units)?

  • Max LTV?
  • Rates?
  • Points?
  • Cash Reserves requirement?
  • Minimum loan amount?
  • Any other interesting terms or trends to touch on?

I'm preparing to make a couple of these investments in the next 6 months and trying to start by planning my financial life accordingly.  I thought the conversation might also be helpful for any and all purchasers without deep financing relationships that they always turn to.