Multi unit financing options are available to match specific investment strategies. Below are highlights for the types of programs available for owner and non-owner occupied/investment property financing.
Full Doc Financing. 25%-40% down based on loan amount. Best rates are fully amortized. Interest only loans available at a rate premium.
As little as 20% down up to 4 units. These low doc loans have interest only payment options and allow taking title in LLC.
See also Bridge Financing.
Easiest way to purchase investment property. No borrower tax returns needed. Available up to 10 units, rates based on rental income of subject property.
Full Doc Financing. If within conforming loan limits, amount, can be 15-20% down. Capped at 4 units.
FHA and VA financing allow lowest money down for conforming loans. For jumbo loan amounts, down payment starts at 20%. Capped at 4 units.
No tax returns needed! Qualify for multi-unit financing using alternative documentation with 20% down. Capped at 4 units.
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