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Multi Family Hard Money Loan

Real investors out there taking calculated chances, making decisions, and converting potential into profit are the target audience for our Signature Multi-Family Bridge Loan.

With this loan, we at Global Expansion Private Equity Fund let you purchase, refinance, or renovate a property with 5 to 50 units without longer wait times or complex procedures.

We make the process quick, flexible, and success-focused by offering loan sizes, closings in as fast as 10–21 working days, and handling everything in-house, from funding to underwriting.

Program Terms

Finance your 5-50 Unit Multi-Family Property on our Quick Close Bridge Loan

LOAN AMOUNT

$500,000 to $5,000,000

MINIMUM CREDIT

680

RATES

Rates starting at 10.99%

LOAN TO COST

80%

PAYMENT

12-24 Month I/O, No PPP

MAX PURCHASE LOAN TO VALUE (LTV)

75%

MAX CASH OUT REFINANCE LOAN TO VALUE (LTV)

65%

After Repair Value (ARV)

70%

TERM

12-24 Months

Need to Complete Rehab on the Property First? No Problem, check out our Fix and Flip Loan Options.

Loan Details

Global Expansion Private Equity Fund Multi-Family Loans are designed for Urban and Suburban properties only in 42 states. We do not lend in rural areas,and only lend in MSA’s above 50,000. Our goal is to lend on properties in areas that have a high probability of renting quickly. Global Expansion Private Equity Fund, LLC offers highly competitive leverages on Multifamily 5+ Unit Properties.

  • 75% of Purchase
  • 100% of Rehab
  • 70% After Repair Value
  • Refinances – Rate / Term Refinances up to 70% of As Is Value
     

Global Expansion Private Equity Fund eliminates junk fees and has straight-forward pricing when it comes to fees associated with closing your loan.

  • Document Preparation Fee – $1,695.00
  • 3rd Party Attorney Review – $535.00
  • Appraisal: $500-700 typically

Our common-sense underwriting process focuses primarily on the property’s value and income potential rather than the borrower’s income verification or tax returns. We primarily look to ensure once your rehab is completed, that there is a viable long term exit loan available for the property. That could be a FNMA/FRMC loan, or a local bank loan post property stabilization. To speed up the approval process, please prepare to provide us with the following information:

  • Current and Projected Rent Roll
  • T12 report (trailing 12 months rental history)
  • Driver’s license for all applicants
  • LLC/entity documents (if applicable)
  • Most recent two bank statements
  • List of real estate owned
  • Property insurance
  • Repair budget
  • Purchase contract (if purchase)
  • Loan payoff statement (if refinance)

Discover the Global Expansion Advantage!

Close Fast (TYPICALLY
10-21 BUSINESS DAYS)

Competitive Rates
(Rates from 10.99-12.99% INTEREST ONLY)

Nationally Trusted
(Over 1 Billion
Funded!)

Frequently Asked Questions

Why choose Global Expansion Private Equity Fund for my next Construction Project?

Due to our streamlined draw procedure, extensive experience, higher leverage, and quick and simple closing, our clients pick the Global Expansion Private Equity Fund for new building projects.

What types of projects do you fund?

Construction loans can be used to begin a new project from scratch or to renovate an existing one. The qualifying projects are single-family projects with a budget under $2.5 million and multifamily projects with a budget under $10 million.

What is your maximum AILTV (Loan-to-Land cost)?

Up to 65% of the dirt expenses and 100% of the construction costs can be financed by us.

Can you help with a construction loan for my primary residence?

No. Only projects for builders are eligible for our financing. Small to medium-sized builders who may be building a home for their primary focus are the target of our Ground-Up Construction Loan. Your builder must either purchase or own the lot to finance it.

Do you finance just land?

We can only cover the land and earth charges when we add construction to the loan. The site must be financed with plans and licenses, and the loan must pay for the entire cost of construction.

Do I need permits and plans before I can finalize the property purchase?

Yes, to cover your land expenses, you must have the designs and approvals before closing. If you already own the site, we can finance the full cost of construction after you have the plans and permissions.

Do you finance soft costs?

Indeed! It is possible to finance reimbursements for soft expenditures up to 5% of the project's total cost.

What will happen to my project if it is delayed till the loan matures?

When it comes to extensions, we are typically just as understanding as long as payments are received on time and the project is proceeding.

Can you still assist me if I don't have any prior experience with new construction?

Yes! We can still help, but we will require a contract with a licensed builder or general contractor. If you have completed one or two of these, we can help you with financing without a GC.

I haven't done any new construction, but I have flipped five houses. Are you able to assist?

Yes, depending on your level of flipping experience, we might not even require the help of a qualified GC.

Is financing rural properties possible?

Regretfully, we currently only offer assistance for new development on suburban and urban infill properties.

What is the process for Draw Reimbursements?

New construction draw reimbursement is subject to project improvements. Since the refund is based on the expenses you provide, no receipts are needed. To complete a draw request, simply click the button located in the top right corner of our website's homepage.

You should expect your money to be returned in 3 to 5 business days after the inspector evaluates the project. Since the inspector won't be present on the day the work is finished, setting up the sketch before the day you need it will speed up the process.
Our in-house drawing team is there to assist you if you need it or if you have any questions.

Do you work with Brokers?

Yes, we love and defend our brokers! To begin, just apply on the mentioned website or give us a call.

Rapid Rate Quote

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