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Updated about 3 years ago on . Most recent reply

Cole Baker's profile image
Cole Baker's profile image
Cole Baker
  • Specialist
  • from Denver, CO
  • Member since Jul 12, 2021

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56
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12
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Cole Baker's profile image
Cole Baker's profile image
Cole Baker
  • Specialist
  • from Denver, CO
  • Member since Jul 12, 2021
Cole Baker
  • Specialist
  • Denver, CO
12
Votes |
56
Posts
Multi-Family and Apartment Investing

Long Term Construction Loan

Cole Baker
  • Specialist
  • Denver, CO
Posted

Hello BP Family!

I am curious, if an asset has a stabilized (above 85%) occupancy, and when purchasing it, the business plan incorporates CapEx for the interiors and exterior as part of a value-add business plan for a 100+ unit apartment, would it be likely to receive longer term agency loan? Or is a bridge loan the only way to go for CapEx on a project?

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