Small Multifamily Investment Financing
What are you seeing out there now with regards to loan terms for non-owner occupied, small multifamily properties (1-4 units)?
- Max LTV?
- Rates?
- Points?
- Cash Reserves requirement?
- Minimum loan amount?
- Any other interesting terms or trends to touch on?
I'm preparing to make a couple of these investments in the next 6 months and trying to start by planning my financial life accordingly. I thought the conversation might also be helpful for any and all purchasers without deep financing relationships that they always turn to.