4 Common Questions Asked By Commercial Real Estate Investors

1. What multi-family fix/flip financing do you offer for low credit score investors? 

A. Credit Score: No Minimum (But credit will be reviewed.)

Property Type: Multi-Family up to 20 Units

Loan Amount: $50K - $5M

Rate: 8% - 12% ▪ Term: 6 – 18 Months

Purchase Price: 90% & 100% of Rehab Costs ▪ ARV: 70%

Points: 3-5 ▪ Close: 14 Days

Borrower Entity: Individual or Business Entity

Lending: Nationwide except AK, HI, IL, MI, NV, ND and SD

Complete our fix/flip scenario

2. Do you offer no/low documentation and low score commercial financing?

A. Yes, for multi-family (5+ units), apartments, retail, mixed-use & office deals. All Property Conditions, Low Fico Score OK, No Tax Returns, Vacant Ok, No Debt Service, No Financials & Business Entities Only 

Loan amount: $100K+ ▪ Rate: 8-13% ▪ LTV: Up to 70% 

Financing is based on as is value or purchase price - whichever is lower. Each property will be evaluated on a case by case basis. Financing is available in most states.

Send us your scenario.

3. Do you offer multifamily (5+units) financing with an LTV from 80%-85%?

A. Yes we do. Up to 80% LTV  

Loan amounts: $250K – $1M

Rates: 6% - 7% ▪ Credit score: 650+ ▪ Terms: 5 and 7 years fixed

PPP: 5% for first 5 years

Financing is available in most states.

Send us your scenario

4. I need to refinance my rehabbed property. I decided to keep it to rent. What financing do you offer?

A. Commercial (multi-family – 5+ units):

No seasoning

Loan amount: $100K+ ▪ Rate: 8-13% ▪ LTV: Up to 70% 

Financing is based on as is value or purchase price (refinancing) - whichever is lower. Each property will be evaluated on a case by case basis.

Financing is available in most states.

Send us your scenario.

Lathea Morris

www.MorlinoandLathea.com/financing.html

973.509.1903 Ext. 1#

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