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Get Approved Today

Mixed-Use & Multi-Unit Properties

Book A Mixed-Use & Multi-Unit Strategy Call

One building, two (or more) income streams—financed on the right terms.

Triplexes, six-plexes, walk-up apartments, retail-with-apartments above—these don’t fit neatly into the “regular” residential box, and most lender systems don’t treat them that way. Depending on unit count, zoning, and income mix, you’re suddenly in a grey zone between residential and commercial policy. This service is about handling that grey zone properly: presenting the numbers the way credit teams need to see them, choosing the right lender channel, and structuring debt so your building produces the cash flow and flexibility you actually want.

Why These Buildings Get Underwritten Differently

Mixed-use and multi-unit files live at the intersection of two worlds. Part of the income might be treated like a rental house; part of it is judged like a small commercial asset. If we don’t frame it correctly, you either leave money on the table or hit avoidable roadblocks.

Two Income Stacks, One Approval

Street-level retail, offices, or studios have different risk profiles than the apartments upstairs. Lenders will weigh lease length, tenant quality, and use (restaurant vs. professional vs. convenience) alongside residential rent rolls. We translate that into a single, coherent income story.

Residential Rules Meet Commercial Metrics

Above a certain unit count—or with enough commercial square footage—debt service coverage, cap rates, and building condition start to matter more than just your personal TDS. We run both sets of metrics up front so the file is routed to the right side of the bank on day one.

Future Plans Matter More

These assets are rarely “set and forget.” You may intend to renovate units, reposition the commercial component, or add density later. How we write the initial financing will either support those plans—or make them unnecessarily expensive.

Work We Do On Mixed-Use & Multi-Unit Assignments

Instead of throwing the deal into whichever bucket a form suggests, we build a narrative and numbers package that lines up with the property and your strategy.

Income, Vacancy, And Expense Reality Check

We dissect each income line—commercial tenants, residential tenants, parking, storage—and apply realistic vacancy and collection assumptions. On the expense side, we normalize operating costs: taxes, insurance, utilities, contracts, and reserves. The result is a net income figure that won’t fall apart under scrutiny.

Deciding Which Lender Track To Use

Four-unit walk-up? Eight-unit mixed-use corner? Small apartment block? Each may fit different lender channels (residential, small commercial, portfolio lender). We pick the route with the best blend of leverage, pricing, and conditions for your situation.

Structuring Debt Around Cash Flow And Risk

We look at interest-only periods vs. full amortization, term length relative to major lease rollovers, and whether to finance building upgrades inside the facility or separately. The objective is a payment profile you can comfortably carry across cycles.

The Engagement Flow

We keep the workflow tight so you can move from “rough numbers” to “funded” without losing weeks to uncertainty.
Stage 1

Quick Scan And Targets

You share the rent roll, basic expenses, and your goals (acquisition, refinance, equity release). We run an initial pass: what the building appears to support, how that lines up with your ask, and which lender tiers make sense.
Stage 1
Stage 2

Detailed Package Build

We assemble a concise but complete package—income breakdown, expense normalization, photos, basic commentary on condition and location. If there are quirks (legal non-conforming units, older commercial uses, family tenants), we decide how to explain them.
Stage 2
Stage 3

Term Options And Lender Choice

Once we have serious interest, we compare offers: rate, term, amortization, covenants, reporting requirements, and prepayment terms. You’ll see how each option impacts cash flow and flexibility before we commit.
Stage 3
Stage 4

Due Diligence To Funding

We shepherd appraisal, environmental (if required), and legal steps, keep lender questions moving, and align the closing date with your purchase or refinance timeline.
Stage 4

Owners And Investors Who Usually Fit This Service

Not every landlord needs this depth. It’s designed for people who treat mixed-use and multi-unit buildings as core assets, not experiments.
2d

Small Building Owners Leveling Up

If you’re moving beyond a single duplex or four-plex into larger or mixed-use properties, we make sure your financing keeps pace with the jump in complexity.

Investors Consolidating Or Repositioning

For those refinancing older stock to fund renovations, buy additional buildings, or tidy up higher-cost debt, we design facilities that support the broader plan instead of just closing one deal.

Business Owners Who Also Own The Building

If your company occupies part of the property and the rest is tenanted, we balance the needs of your operating business with the investment side—so neither is overburdened.

FAQs

Policies vary, but above a certain unit count or with significant commercial space, the file shifts into a commercial lens. We size this in advance so you’re not surprised when the rules change.
Usually not dollar-for-dollar. Most apply stress-tested vacancy and expense assumptions. We model their treatment up front so you see the real numbers.
Often, yes—especially when commercial income is involved. We pick term lengths that reflect your hold period and major lease events so renewals don’t blindside you.
Expect an appraisal. Environmental requirements depend on prior use and location. If there’s any hint of higher environmental risk, we’ll address it early.

If You’re Assessing A Mixed-Use Or Multi-Unit Deal

The ideal time to talk about financing is while you’re still running the numbers—not after an unconditional offer. Send a short summary: address or area, unit count, approximate rents, current or expected expenses, and what you’re trying to achieve (buy, refinance, pull equity). From there, we’ll outline viable structures, potential lender channels, and the documentation we’ll need to move your file from analysis to approval.
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