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Updated over 2 years ago on .

User Stats

108
Posts
6
Votes
Robert Jay
  • Lender
  • Jacksonville, FL
6
Votes |
108
Posts

Multifamily financing in Miami – LOW RATES – Success Lending

Robert Jay
  • Lender
  • Jacksonville, FL
Posted

For the first time ever, you are now able to receive low commercial fixed rates on multifamily properties! 😊

Here’s what this means for you:

  1. Say goodbye to Hard Money, and DSCR rates in the 8% to 12% range!
  2. Say goodbye to losing deals because there’s not enough cash flow!
  3. Say hello to commercial rates in the 5.75% to 6.25% range!
  4. Say hello to finally having significant cash flow!

I’ve been in the industry since 2004, and I know what’s being offered out there by other lenders on multifamily investment properties. My realtor partners send over quotes weekly from other lenders, and I beat them every time.

Listed below is what I refer to as the “sweet spot” regarding qualifying for these great low rates:

  1. 5+ or more units.
  2. Stabilized property condition.
  3. Minimum loan amount of $1 million.
  4. Minimum purchase price of $1.43 million.
  5. Minimum down payment is 30%
  6. Property can be zoned residential, or commercial. Either is fine.

Here at Success Lending we bring commercial financing within the reach of multifamily, residential investment, and fix and flip investors. If you prefer to have a single point of contact that is professional, acts with integrity, responsive, always answers the phone, and responds to emails the same day, you’ll enjoy working with me.

Let me know if you have any questions or scenarios, and my contact information is located on my profile for easy access. We can lend in every state!

Offering
Miami, Florida