Small Balance Multifamily Agency Loans & Occupancy Requirements-IFP#87

Website: https://investorfinancingpodcast.com/small-balance-multifamily-agency-loans-occupancy-requirements-ifp-ep87/ 


In this episode, we talk about small balance agency loans and occupancy levels needed for obtaining financing.

* Ten or more units: At least 90% physical occupancy by qualified occupants for the 90 days immediately before the commitment date

* Less than ten units: No more than 1 vacant unit as of the commitment date, and an average occupancy by qualified occupants of at least 90% for the 12 month-month period immediately before the commitment date

There are some exceptions that are made on a case-by-case basis.

There are many alternative options, including bridge loans, credit unions, and community banks. Please feel free to watch our other videos as we dive into all of these financing options.