Signed in as:
filler@godaddy.com
At Legendary Creative Solutions, we offer a comprehensive range of real estate services that cater to your unique needs. Whether you're buying, selling or renting, our team of experts is here to help you achieve your goals. Contact us today to learn more.
We're here to support investors looking to finance their Commercial Multifamily or Commercial Mixed-Use property ventures, whether it's for purchase, refinancing, or cash-out needs. These properties often present substantial investment opportunities, offering the potential for significant returns. With our efficient, in-house process, investors can expect a smooth experience and a speedy closing.
Rates Starting at 8.49%
Minimum Loan Amount $500,000
Up to 75% LTV
Minimum FICO of 680
30 Year Term Available
Eligible Mixed-Use and 5+ Unit Multifamily Properties
Minimum DSCR of 1.25
No Special Use or Commercial Units Only
These loans fund the acquisition and refinance of commercial multifamily and mixed-use properties, to achieve a net positive cash flow.
Investors frequently purchase these properties to generate positive monthly cash flow and ultimately sell them for profit. In many cases, investors will acquire a commercial multifamily or mixed-use property and rehab the property to raise rents for the life of the property. Using this approach, the investors can appreciate the value of the building and sell when either the value of the property reaches its maximum or when maintenance costs become too high.
Commercial term loans operate the same as our residential single to multifamily home loans. These range from 5/1, 7/1, and 10/1 ARM’s to a 30 Year Fixed Rate loan. In this program specifically, we can adjust the amortization schedule to best fit any investors' needs.
For these properties and loan types in particular, there is a $500,000 minimum loan amount. If you are unsure if your property will qualify, we recommend to reach out to our team directly and speak with one of our expert associates.
Copyright © 2024 Legendary Creative Solutions - All Rights Reserved.
Powered by GoDaddy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.