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Apartment building financing

How do I finance a 5+ unit apartment building?

Yes—we can help compare apartment-building purchase, refinance, cash-out, bridge, renovation, and permanent financing. Lenders evaluate the property’s NOI and rent roll along with value, condition, occupancy, borrower experience, equity, and liquidity.

Answers before an application

The questions investors ask before they move forward.

01

Is financing for 5+ units different from a 1–4 unit DSCR loan?

Yes. Five-plus-unit properties are generally treated as commercial multifamily. Underwriting commonly emphasizes NOI, occupancy, operating history, rent roll, property condition, and borrower strength.

02

Can I buy an apartment building as a newer investor?

Yes, potentially. Some lenders consider newer multifamily investors when the property, equity, credit, liquidity, management plan, and supporting team are strong.

03

Can I use bridge financing for a value-add apartment building?

Yes. A qualifying bridge loan may fund acquisition and improvements while the sponsor renovates units, increases occupancy, or stabilizes operations before refinancing or sale.

04

Can I cash out refinance an apartment building?

Yes, on qualifying transactions. Available cash-out depends on current value, NOI, existing debt, occupancy, property condition, borrower strength, and lender LTV and debt-yield requirements.

Your scenario

From a first 5+ unit purchase to a larger multifamily refinance, start with the property’s numbers.

Start with a few questions