Owners of multi-family buildings, including apartment buildings, can obtain refinancing through MCL CONSULTANTS to save money. We also provide the funding potential investors need to purchase an existing multi-family building, or to begin construction on a new building. Our company has several different financing programs that are sure to meet the needs of any owner or investor.
Generally, any building consisting of four to five separate family dwellings is considered a multi-family structure. An investor can purchase such a building with mortgage financing, and charge a rent on each separate dwelling. This is a great investment opportunity, as the amount paid in rent typically far exceeds the amount paid in mortgage and upkeep costs, making a landlord or building manager a tidy profit with minimal effort.
Financing is not only available for the purchase or construction of a multi-family home owners or investors can also apply for financing that will help fund improvement projects. This is especially helpful when a foreclosed upon structure that needs some rehabilitation to be brought up to code is purchased as a great discount.
If you’re ready to find out how much it would cost you to purchase or build a multi-family home or you’d like to know how much you can save with a multi-family building refinance from MCL CONSULTANTS, fill out the commercial loan request summary. One of our National Account Executives will review your request, making note of your specific needs for your project. If you submit a quote request during business hours, you’ll be contacted within one hour!
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