Multi-Family Bridge Funding

Rates as low as 9%

Direct Lending Partner is the easiest and most reliable source of rehab funding for all of your funding needs. We focus on providing our borrowers the capital they need to fund their investments, in addition to the support, experience, and knowledge to help make these renovation and new construction projects profitable.

Don Wenner, CEO, and the Lending Team of Direct Lending Partner have funded more than 800 residential renovations and 200 new construction homes over the past 7 years and are experts in knowing how to make a rehab or construction project successful.

Once Direct Lending Partner pre-approves you for your new funding, you will no longer have to look anywhere else for your funding needs!

Property Type B & C Class Multi-Family
Purpose Acquisition of “value add” multi-family
Location Secondary and Tertiary markets
Exit Sale or Refinance
LTC 70-75% of the purchase costs + CapX
LTV 70-75%
Interest Rate 9%
Loan length 12 Months w/1-2 6 month extension options
Loan Origination Points 2-5 points
Underwriting Fee $5,000
Legal Fee $5,000-$10,000
3rd Party Fees $5,000-$15,000
Total Deal Size $1,000,000-$100,000,0000
Time to Close 20 Days
Debt Service Coverage No Requirement | Under 1.0 may require additional reserves
Misc./Junk Fees $0
Pay-Off No penalties or minimum interest
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