Financing ideas for a multi-family

[Mike A.]

I am purchasing a rehab in Stamford, CT for 450k. It's a multi-family, but needs a lot of work.  It's basically a gut job and rebuild from studs and up. Prob. looking around $250k-$300k in rehab costs.  Can anyone recommend a direct lender for this? The two banks I deal with do not offer construction loans for multi-family buildings. It would only be about four units, so the larger commercial lenders aren't interested.  It will be worth 1.2m + after completion with an estimated 108k rent roll as per comps and average rent rates for said constructed units.