Build Your Multi-Family Portfolio
Our Multi-Family Bridge loans allow real estate investors to purchase, reposition, or refinance their properties with our winning combination of high leverage, competitive rates, and low fees. Because DLP Capital is also an operator in the multi-family market, we take a true common-sense approach to all the loans we fund in this asset class. We understand the value of strong relationships when building portfolios, and work hard to help beyond capital.
- Close your deal in just 20 days
- Up to 80% LTC on total deal costs
- Purchase, reposition, or refinance
- Rates from as low as 8.99%
- No restrictions on capital expenditures
- 12 month loan term with no prepayment penalties
Start Building Your Multi-Family Portfolio With Just A Few Easy Steps
We make it simple. Just fill out an application, and our in-house underwriting team will get to work. We’ll work with you to lock in the best rate and terms for your deal; plus, we cut out the middle man, so your loan can close faster than traditional lenders, with less red tape.
3 Easy Steps
Submit Your Application
Fill out our online application with the details of your deal. A Funding Specialist will review and help evaluate your next steps.
Get pre-approved on a DLP Preferred Line of Credit with up to $10,000,000 and don’t miss another opportunity.
Build Your Portfolio
Once approved, underwriting for your real estate properties is quick and easy. Whether you’re flipping or undertaking a buy and hold strategy, scale to the next level with DLP.
East-To-Follow Lending Terms
Our lending terms are designed to be borrower-friendly, and are built on our common sense approach to underwriting. We’re here to deliver best-in-class support, and we know how quickly deals need to be done. Take a look at our terms below, and see if DLP Capital is the right capital partner for you.
|Property Type||A, B, & C Class Multi-Family|
|Purpose||Acquisition, Reposition, or Refinance of Value-Add Multi-Family|
|Lending Area||Primary, Secondary and Tertiary markets|
|Exit Strategy||Sale or refinance|
|Loan Amount||$500,000 to $50,000,000|
|Max LTC||Up to 80% of Total Deal Costs|
|Max LTV||Up to 75% (based on as-stabilized or as-complete value)|
|Interest Rate||From 8.99%|
|Loan Term||12 months (no prepayment penalty)|
|Loan Origination Points||From 1.5%|
|Processing & Underwriting Fee||From $1495 (depending on deal size)|
|Legal Fee||From $1,000 (depending on deal size)|
|Third Party Reports||Pass-through costs (approx. $5,000 to $10,000)|
|DSCR||Not required (under 1.0 may need additional reserves)|
|Interest Reserves||Up to 12 months debt service coverage (dependent on in-place cashflow)|
|Maximum Amount of Capital Expenditures||No restrictions (large renovations accepted)|