Multi Family - LanCo Realty Services

Multi-Family Real Estate Property Types

Manufactured Housing,

Co-op,

Mixed Use Residential / Commercial,

Historical,

Multiple Homes on Same Parcel,

Condo or Townhouse Project,

Dome,

Unique,

High End Trophy Homes,

Multi-Family (5+Units) or Apartment Building,

Mobile Home Park,

Low Housing,

Hobby Farm,

Multi- Family (2-4 Units),

Multi-family Real Estate Properties

Multi-family real estate properties are one of the best investments these days, even with the economy in a seemingly stagnant position, where a mortgage is one of the easiest to get. It’s an excellent opportunity to create an investment portfolio that will hold up even in an unstable economy. Therefore, investing in multi-family real estate is the way to go.

The best aspect of investing in a multi-family real estate property is that, in most cases, the loan is a non-recourse one, meaning that as the owner, there is a high measure of protection against a default of the loan. A mortgage for a multi-family real estate property is granted a lot faster because the property itself becomes an income-generating business.

Multi-Family Real Estate Investing

One of the most accessible forms of loans are for multi-family real estate investing, and it is also relatively risk-free for the owner of the property. The reason is that the actual property acts as a surety for the loan and not the owner’s assets or the owner himself.

However, multifamily loans allow people to invest in the future with large multi-family properties without having to go through an often disappointing process to qualify for the mortgage. In this case, the property is the guarantee of payment, and the application paperwork is much less than any other type of loan.

MultiFamily Loans

Different lenders have different definitions of “Multifamily Loans” because the regional laws vary from place to place. There are specific federal guidelines that define what can be considered “multi-family” in a given area, and banks have strict banking guidelines to follow as well.

Investing in multi-family rental property is an excellent idea if your goal is to create long-term income for you, your children, and generations to come. Staying focused on the result is the best way to achieve your investment goals and create a steady income from your rentals.

Real estate is always a safe and reliable investment that offers a great return on investment. Multifamily loans allows investors to enter into loan agreements safely and securely without the usual attendant hassles with applying for another type of loan.