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When the Bank Says No. How to Creatively Finance a Multifamily Deal

Unfortunately, they’re often tough to make work, especially when there’s a big price gap between seller and buyer.

Faced with higher rates, stricter bank underwriting and terms, and often pressure from maturing existing loans with low interest and high leverage, many in the multifamily space are finding traditional bank financing to be difficult to obtain.

GlobeSt.com spoke with some experts and found that, indeed, there are some alternative strategies beyond the GSEs, insurance companies, and the like that can work. However, as one noted, there are stubborn barriers that can make alternative financing inconsequential.

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Erik Sherman

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