Financing options for destabilized multifamily

[Matt Hinton]

I realize in advance that the correct answer to the question that I have is probably "it depends," but I will give it the old college try. On average, what do most of the smaller, "investor friendly banks" need in terms of occupancy rates to lend on multi-family?

A little information on the property itself:

The building in question is bank-owned and has quite a bit of deferred maintenance issues but also a lot of upside (newer roof, plumbing, electric). The bank has hired a new property management company to get rid of some of the problem tenants, and I estimate that it is currently t have the capital necessary to make a cash offer. Any input would be appreciated.