(786) 685-4328
Renovate small multifamily property
Evaluate acquisition and renovation financing for an eligible duplex, triplex or four-unit residential investment property.
Program overview
A 2–4 unit renovation requires confirmation of legal units, occupancy, access, rent or resale assumptions and a budget for every unit and common system.
Illegal units, code issues or work changing unit count can affect eligibility. ARV should use relevant renovated small-multifamily comparables.
Capwell helps organize the unit-level scope and compare sale or bridge-to-DSCR exit paths.
Potential fit
Underwriting focus
Prepare early
The final checklist depends on the borrower, property, transaction and selected lender. Preparing the core information early reduces avoidable follow-up.
Transaction path
Provide the purchase price, scope, rehab budget, expected ARV, timeline and exit strategy.
We compare total cost, LTC, LTARV, borrower cash and available participating-lender programs.
The lender reviews valuation, title, insurance, entity, borrower and construction documents.
Approved funds close the loan; rehab draws and payoff follow the selected lender’s requirements.
Clear answers
Potentially. The lender reviews legal units, occupancy, access, complete budget, permits and draw plan.
Lease rights, access, safety, insurance and lender requirements determine whether the project can proceed while occupied.
The lender selects or approves a valuation process using comparable sales and other methods appropriate to the property.
Potentially, if the completed property qualifies for a separate rental or DSCR takeout loan.
Discuss the project
Share the purchase price, scope, rehab budget, expected ARV, requested loan and timeline. We will help organize the scenario and identify participating-lender options that may fit.