Multifamily real estate is a fantastic investment option for many people, but it isn’t for everyone. In this article, we’ll review everything you need to know about the pros and cons of apartment ownership.
Small Apartment Loans for Investors: The Ultimate Guide
The definition of a small balance apartment loan varies from market to market and lender to lender but is typically defined as a loan between $750,000- $1 million to $5-7 million. While these loans may seem large to the smaller investor, many multifamily lenders are institutional in nature and rarely provide loans under $10 million.