Multifamily Loans
The Multifamily DSCR Loan is an exciting new option for real estate investors looking to scale and enter the multifamily sector.
Just like it’s often best for real estate rookies to “start small”, the same holds true for multifamily investing. Those new to multifamily investing should focus on properties with door counts in the single digit range.
Multifamily Loan Details
DSCR Loans were traditionally limited to properties with between one and four units. In the last couple of years, forward-thinking DSCR mortgage lenders have expanded the product to properties with up to eight or even ten units. Some lenders branched out further, expanding the product to include mixed-use properties containing commercial units as well.
The Multifamily DSCR Loan is an exciting new option for real estate investors looking to scale and enter the multifamily sector. Just like it’s often best for real estate rookies to “start small”, the same holds true for multifamily investing. Those new to multifamily investing should focus on properties with door counts in the single digit range. Jumping right in to large complexes and complicated syndication structures with no experience is a recipe for disaster.