Are there multifamily construction loans?

[Nick Fiammetta]

I found a property in Broward County, Florida that would need a complete renovation. It's a 3 family (3/1 x 2 and 1/1) in an area that is growing, close (walking distance) to the Downtown area (bars, restaurants, etc) and also surrounded by newer construction or rehabbed older properties bringing in young professional renters.

My main question is: would I be able to get a rehab loan similar to those offered by the FHA for SFRs? I thought there were similar loans, but capped at a renovation cost per unit.

Just looking at the listing each unit would need to be taken down to the studs; new small bathrooms (3 total), new small kitchens (3), flooring,... not sure what else, but the listing says "fixer upper". The total sq ft of the property is about 2400.

I'm not sure of the total cost of the renovation - so feel free to chime in if you have a general idea per sq ft. 

By code and with permits would be my preference.