Hi

I’m looking for lender recommendations for a small multifamily acquisition in Houston.

The property is a 6-unit building that is currently 4/6 occupied. The two vacant units are rentable, but the seller is not willing to lease them before closing, so the property will likely still be at approximately 67% occupancy when we close.

I’m exploring alternatives to traditional financing and would especially like to speak with a local/community bank, portfolio lender, credit union, or commercial lender who is comfortable with small multifamily properties that are not fully stabilized.

Ideally, I'm looking for a lender who could take the lease-up potential/market rents into consideration rather than underwriting solely on the current in-place NOI.

If anyone has worked with a good Houston-area lender on a similar 5–15 unit property, I would really appreciate an introduction or recommendation.

Thank you!