Residential rental properties like single family homes, condominiums, town houses and small apartment (2-4 units) buildings can provide the perfect opportunity to grow your investment business.
Our residential investment property loans are asset-based not income-based, making easier to qualify wage earners and self-employed investors for rental property financing. Because our common-sense, asset-based lending approach is focused on the property's value and revenue generating potential instead of the borrower' personal income. You will have the ability to close your loan that traditional lenders can't do it.
Offering financing for apartment buildings, otherwise known as multi-family properties, is an excellent strategy to expand and to grow your investment real estate business. To real estaste investors, a multi-family apartment building is a solid real estate investment strategy for generating revenue since its cash flow is significantly higher than a single family property and its operating cost is less influenced by any single vacancy.
The building must have five or more dwellings (5+ units) to qualify as a multi-family investment property.
Mixed-use property financing applies to properties that are comprised of multiple units zoned for different uses, including residential, commercial, industrial and institutional. Almost any building with at least two units of different usage qualifies for mixed-use financing.
Both business owners and real estate investors may seek a mixed-use property loan. Business owners will often live in one of the residential units and operate out of the commercial space while real estate investors will typically act as the landlord for both the residential and commercial tenants.
While residential tenants provide a more stable source of rental income, commercial tenants, such as ground floor retail, are usually willing to pay more for rent. Therefore, commercial tenants play an important role in evaluating the revenue potential of mixed-use properties. As a result, the value of two different buildings in the same area may differ simply because of the composition of their tenants.
Small business owners and investors utilize small commercial properties nationwide to support and operate their businesses. We believe strongly in this type of asset and have developed financing solutions for commercial real estate loans designed specifically to help entrepreneurs achieve their vision of real estate ownership.
Whether you are a commercial property investor or thinking about buying a small balance commercial property for the first time, it's important you understand how the type of property financed can affect the commercial loan terms.
From a lender's perspective, commercial buildings with more general use capacity like retail, warehouse or office space are easier to finance than properties built for a specific purpose (i.e., bowling alley, bank or manufacturing plant) because they have an inherently lower risk due to a higher market demand from investors. Lenders often avoid financing specific use properties or require a lower LTV (e.g., higher downpayment) on them to offset their higher risk profile.
At Multiverse Investments & Marketing, we provide loans for a wide variety of commercial properties, including:
While we do provide investment property financing for up to $5 million on small balance commercial real estate buildings, most of our commercial real estate loans fall under $2 million in value. These smaller loans are much easier to approve and close in comparison to "institutional" loans for larger properties.
Starting with smaller, easier-to-approve buildings will help you establish your commercial property strategy. Once you own a few commercial properties, you can move on to larger properties to generate more revenue.
We are private money brokers to get private money lenders and non-owner occupied real estate investors together. We gather paperwork from borrowers and open the loan and package it for submission to the lender for underwriting, approval and final funding,
Private money lenders are all over the country begging for returns on their money higher than the amount paid by banks for CD's and other deposits. And they want to lend to smart real estate investors, but they don't know how to find them. We, at Multiverse Investments & Marketing LLC, know how get from private money marketplace these real estate investments loans for real estate investors, like you.