Types of Properties That We Finance
Financing Real Estate. For Investors.
Single Family Properties (SFR)
- These are detached properties that are structured as 1 dwelling unit.
- More than 95% of owner-occupied properties are SFRs.
- There are just under 89 million SFR housing units in the US as of 2021.
2-4 Unit Properties
- These are detached properties that have 2, 3 or 4 dwelling units.
- There are approximately 8.1 million housing units that are 2-4 unit properties.
- These property types have the potential to offer the most benefit for investors who are looking to maximize their monthly cash flow.
Condos and Townhomes
- These properties are attached and are typically part of the same building.
- These properties are generally part of a Homeowner’s Association (HOA).
- These properties generally include common areas for the residents and may also include private yard space for each resident.
5+ Unit Multifamily Properties
- These property types include 5 or more residential units.
- These property types are considered “commercial properties” even though they are residential buildings.
- As commercial properties, these property types require specialized financing and appraisals.
- These buildings typically do not have a HOA but do have amenities for residents (eg: laundry rooms, gym, etc).
