You can get Multi-family financing with a conventional loan, Non QM Loans or Hard Money.
An FHA or VA Loan can be obtained if you are going to live in one of the units.
You can use NON-QM DSCR Financing which do not require Tax Returns.
This loan is based on the Property’s Rents paying the Expenses.
When Purchasing a Multi-Family Property, the Market Rents will be used from the appraisal.
Multifamily Financing five or more Units
Financing for properties containing five or more units will need a Commercial Loan.
Fannie Mae and Freddie Mac Multi-Family Financing Loans that can finance properties with five or more units.
Control of the Property Value
This simple change from 2-4 unit buildings gives an investor the ability to raise the value of the property by increasing income or decreasing expenses.
This is Why many Wealthy Invest in Multifamily & Commercial Real Estate.
How Can We Help?
With Barbara Kenton at Allianz Mortgage Services, Inc., we know all about Multi-Family Loans. Please contact me if you are anywhere in California.