Multifamily Fix and Flip Loans in Balboa Peninsula, California
Financing for multifamily and apartment properties in Balboa Peninsula. 2-4 units, small apartments, and larger complexes.
$3.6M
Median Home Value
+0.1%
YoY Price Change
Up to 75% of purchase + 100% of rehab
Max LTV
7-10 days
Closing Time
Multifamily Loan Features
Fix and Flip Loan Terms
Max LTV
Up to 75% of purchase + 100% of rehab
Rate Range
10.49% - 12.99%
Term
6-18 months
Min Loan
$500K
Max Loan
$10M
Closing Time
7-10 days
Multifamily Fix and Flip in Balboa Peninsula: FAQ
What types of multifamily properties do you finance in Balboa Peninsula?
We finance duplexes, triplexes, fourplexes, and larger apartment buildings in Balboa Peninsula. All properties must be non-owner-occupied business purpose loans. Loan amounts range from $1M to $20M.
Do you require rental income history for multifamily loans in Balboa Peninsula?
No. Our multifamily fix and flip loans in Balboa Peninsula are asset-based, meaning we underwrite based on the property value and borrower experience, not rental income. This makes us ideal for value-add acquisitions where rents will increase post-renovation.
How quickly can you close on a multifamily property in Balboa Peninsula?
We typically close multifamily loans in Balboa Peninsula within 10-14 days. For simpler deals with clean title, we can close in as few as 7 days.
What LTV do you offer on multifamily properties in Balboa Peninsula?
Up to 75% LTV on multifamily acquisitions in Balboa Peninsula. For value-add or renovation projects, we can lend up to 65% of the after-repair value (ARV).
Fix and Flip in Balboa Peninsula
Fix and Flip Loans in Balboa Peninsula (main page)Other Loan Types in Balboa Peninsula
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Get a multifamily fix and flip quote for your Balboa Peninsula property. We respond the same business day.