Looking for Funding for Mixed-Use & Multi-Family Properties?
Fast Private Lending LLC Provides Short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments & mixed-use Real Estate.
Collateral:
Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space is Great than 50% of Square Footage)
TERM:
18 Months (Extended Terms Available)
30-Years (Amortization Options Available)
Loan Amount:
Short-Term: $250k – $10M ($1M Max per unit)
Long-Term: $250k – $3M
FICO
LTV Stabilized Bridge
Purchase: Up to 80% of the As is Value
Refinance: Up to 75% of the As is Value
Cash-Out: Up to 65% of the As-Is Value
LTV Fix & Flip
Purchase: Up to 85% of the Purchase Price + 100% of Renovation Costs
Refinance: Up to 75% of the As-Is Value + 100% of Renovation Costs
Cash-Out: Up to 65% of the As-Is Value + 100% of Renovation Costs
LTV Long-Term
Purchase: Up to 75% of the As-Is Value
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 70% of the As-Is Value
STABILIZED BRIDGE
Maximum Loan-To-Value |
|
Purchase | Up to 80% of the As-Is Value |
Refinance | Up to 75% of the As-Is Value |
Cash-Out | Up to 65% of the As-Is Value |
LONG-TERM RENTAL
FICO | Maximum Loan-To-Value (LTV) |
Maximum Loan-To-Cost (LTC) |
|
Purchase |
700+ |
Up to 75% of the As-Is Value |
Up to 75% Loan-to-Cost |
Purchase |
680 – 699 |
Up to 70% of the As-Is Value |
Up to 70% Loan-to-Cost |
FICO | Maximum Loan-To-Value (LTV) |
|
Refinance |
700+ |
Up to 75% of the As-Is Value |
Refinance |
680 – 699 |
Up to 70% of the As-Is Value |
FICO | Maximum Loan-To-Value (LTV) |
|
Cash – Out |
700+ |
Up to 70% of the As-Is Value |
Cash – Out |
680 – 699 |
Up to 65% of the As-Is Value |
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.
Three Simple Steps to Get Financing
Apply
Complete our loan Application and Allow us to Conduct the Initial Due Diligence to Underwrite Your Commercial Deal
Term Sheet
Review & execute our term sheet which Includes all the loan terms & costs associated with it.
Closing
Our attorney will draft the loan documents and once signed the funds will be wired directly to your bank.
Get in Touch
716.444.4667
info@FastPrivateLending.com
Open Hours
8am – 8pm Everyday
Our Office
Clearwater, FL
Buffalo, NY