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Multi-Family Properties

When you’re purchasing an apartment building, a multi-family dwelling of 3 units or more, or a Mixed-Use building, and you request financing from a traditional Lender for your acquisition, you’ll very likely run into the “Dilemma.”

Traditional Lenders take an extremely risk-averse approach to these types of properties. They have Depositor monies to protect! They have limited funds allocated from the Depositors capital to lend and they’re going to be very selective when making those lending decisions. As such, the traditional lending process presents obstacles to success for many investors wanting to purchase these types of properties.

At Aurora Consulting, acting as your Broker, we’ll find the right lending solution for your unique situation. If your financing request fits into the traditional model, we’ll find Offers from Lenders eager to lend you the money, dilemma averted!

But if your financing request looks likely to run into the “Dilemma” we’ll find other financing options to help you grow your business success story.

Here’s a comparison between the “Dilemma” and the innovative financing option:

TRADITIONAL FINANCING

Downpayment:  Minimum 25%
Credit:  Excellent
Appraisal:   Value based on Income/Expenses
Documents:   Pile on the Paper
Repairs/Renovation:   Ummm…NO
Timeline to CLOSE:  Slow Ride, take it easy!

INNOVATIVE FINANCING

Downpayment:  Can be as low as 10%
Credit:  Less than stellar is OKAY
Appraisal:  Market Value
Documents:  Less is More
Repairs/Renovations:  If You Build It, They Will Come!
Timeline to CLOSE:  Beam Me Up Scotty

Let’s Blog

Financing Intel for Your Business Expansion

Clients are Talking

Muse Tim
Muse Tim
2021-08-04
I had free 15 minutes scheduled phone call with Trevor. He was very helpful and professional. After the call I felt confident aurora consulting to handle my EIDL reconsideration.
Malake Khaled
Malake Khaled
2021-08-03
Valuable information, not to be missed. Thank You for Time and effort!
Susan Sayer
Susan Sayer
2021-08-03
Came across this company on or about April 2021..They are to the point, professional and commicate quickly! I honestly believe that they helped my business move forward when I was stuck in limbo stage awaiting the EIDL loan modification! I listened, engaged on live chats and they answered ALL my question and concerns. They have many years experience in the banking and loan industry. I will NOT hestitate to hire them in the future, if needed. Nice to have people with the correct background on our side! Thank you for a giving back to small bussinesses!
Shannon Harold
Shannon Harold
2021-08-02
Very wise and straight to the point. They are on time and really passionate about what they do.
Bob Norman
Bob Norman
2021-08-02
Trevor was kind, informative, professional, and earnest during our free consultation. Thanks for making all this mess with the EIDL more understandable!
Richard GARRISON
Richard GARRISON
2021-07-27
Spent time with Trevor, very knowledgeable, genuine and trustworthy
james price
james price
2021-07-27
Very knowledgeable! Felt 100% better about working with the SBA after 15 minutes on the phone.
Maureen Carruthers
Maureen Carruthers
2021-07-27
Linda And Trevor are AMAZING Professionals and I truly appreciate their guidance and uplifting videos and Live Chats helping all small businesses navigate through the SBA EIDL program. Thank you SO MUCH 💯💯💯💯💯!!