RECENTLY FUNDED
Multi-Family Bridge Loan
$3.5M Multi-Family Loan Los Angeles , CA
- 12 Months Terms
- Up to 75% LTV
- Rates from 10.75%
This $3.5M loan was structured for a multi-family property investment in Los Angeles.Multi-family loans are designed to finance properties with multiple residential units, such as apartment buildings or condominium complexes.
The loan featured a 12-month term, giving the borrower one year to remove tenants and upgrade the property for increased rental income. The financing offered up to 75% of the appraised property value, meaning if the property’s appraised value were $800K, the lender could finance up to $600K.
Tailored specifically for properties with multiple residential units, multi-family loans address unique investment needs and challenges. In this case, the 12-month bridge loan allowed the client to acquire or manage the property effectively, with flexible terms to support short-term financing needs.
Disclaimer: These are the opinions of the author. For financial advice, please consult your CPA or financial professional.
