Duplex Depot - Duplex and Multi-Family Real Estate

When you are purchasing a smaller investment property, financing can sometimes be an issue, especially if you fall between the range of residential home loans, which generally allow up to 4 units and full on commercial loans that are 6+ units and several million dollars. A little known segment of Fannie Mae is the Multifamily Small Loan program which finances properties with at least 5 units for up to $3 million or $5 million depending on where you live.When you are purchasing a smaller investment property, financing can sometimes be an issue, especially if you fall between the range of residential home loans, which generally allow up to 4 units and full on commercial loans that are 6+ units and several million dollars.

A little known segment of Fannie Mae is the Multifamily Small Loan program which finances properties with at least 5 units for up to $3 million or $5 million depending on where you live.

Below is the list of small multifamily lenders that operate nationwide, but you may want to check out the Sallie Mae Small Loan Lenders page to see if there are any local area lenders that apply to you, or to check for any updates to this list (I left WAMU off as it is being absorbed by Wachovia.) If I found a Seattle area contact, I updated the information to reflect that. Again, if you are not in the Seattle area, refer to the Sallie Mae website for more information.