Multi-family investment property is currently one of the hottest sectors in real estate. Large and small multi-family developments provide an excellent return on investment for property owners, and with several units to rely upon, these assets represent some of the most secure investments for lenders because of their steady cash flow.
Location, existing tenant base, and maintenance are key factors when considering the purchase of these investments. Additionally, a well thought out marketing plan is key to maintain a high occupancy level which maximize cash flow and will make the property more attractive to potential buyers, and lenders.
Well-maintained, high occupancy multi-family investment properties can appreciate quickly and are perfect candidates for cash-out refinance loans. Extra capital on hand is great to handle repairs, “touch ups” of existing units and for investing into new projects.
If you are looking to purchase or refinance a multi-family property, contact us today at: (801) 332-9437 or click here to submit your project for review now!
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