Small Balance Multifamily Loans
Whether you’re a first-time investor, new to the multi-family apartment arena or a seasoned investor, it’s important to align yourself with a partner who understands how to navigate the sometimes complicated loan process, and has a commitment to the certainty of execution.
Why use us? It’s not likely for a borrower to have the same level of access to capital markets, and the same relationships, as the advisors at TurnKey Capital Funding, LLC.
We have invested many years forging strategic relationships with many of the most successful and competitive lenders in the country including but not limited to, some of the nation’s top FHA, FNMA, Freddie Mac, & Bridge Lenders.
Key Benefits
Non-Recourse
Assumable to Qualified Sponsors
Fixed and Variable Rates Loans+
Interest-Only Payment Options available on some programs
LTV’s up to 80% on some executions; 85% for some Green Programs
Loan Amounts from $750,000 to $7,500,000
DSCR as low as 1.20 on some executions
What we need to get a Letter of Intent or a Quote.
Current Rent Roll (minimum of 85% occupancy required)
Trailing 12-Month Rent Collections
2 Years Historical Operating Statements (Income and Expenses)
Current Year-to-date Operating Statement
Description of Property – Location, Number of Units with Bedroom Count, Year Built, Amenities, etc.
Property Brochure/Photos
Underlying Mortgage Balance