Multifamily financing – LOW RATES – Success Lending

[Robert Jay]

Investors and Realtors….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:

• Say goodbye to Hard Money, and DSCR rates in the 8% to 12% range!
• Say goodbye to losing deals because there’s not enough cash flow!
• Say goodbye to rate cap renewals!
• Say hello to commercial “fixed” rates in the 5.75% to 6.25% range!
• Say hello to finally having significant cash flow!
• No tax returns, no paystubs, no W2’s, no 1099’s!
• Qualify based on property cash flow, and we also have no cash flow options!

I’ve been in the industry since 2004, and I know what’s being offered out there by other lenders on multifamily investment properties. Success Lending is the in-house lender for eXp Realty, my commercial 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:

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

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

If you or your clients come across any multifamily properties that have a purchase price that’s less than $1 million, the minimum down payment is reduced to 25% to 20% I also specialize in multifamily refinancing, fix and flip, brrrr loans, multifamily rehab loans, no cash flow loans, and commercial bridge loans with low fix rates. You’ll never have to worry about any rate cap renewals.

My licensing and contact information is listed below, and also on my profile page. I look forward to being a valuable long term resource for you and your clients.