Looking for information on the SBA Disaster Loan Program?    Learn More 800-975-1691

Not bad for a first-time multifamily investor! This borrower previously only flipped single-family homes. But he saw an unpassable opportunity in this 14-unit building in the Washington Park area of Chicago. The current rents are $600 for 1 bed and $750 for 2 beds. He is converting the 1 bedrooms to 2 bedrooms and will ask $1250 per month. He is converting the 2 bedrooms to 3 bedrooms and will ask $1400 per month when done.

All the apartments will be totally rehabbed with new kitchens, bathrooms, floors, electric, etc. This will be a cash-flow cow for him when he is done.

We were able to procure 70% of the purchase price and an additional $280K loan for rehabbing.

Z$597,000 Loan Amount
Z1-Year Term (Interest-only)
Z24-Hour Approval


Get Your Multi-Family Rehab Project Loan

If you need our help with your business funding, have a few questions, or are ready to apply our experts are here for you. Please call us at 800-975-1691 or fill out our short form and we will get back to you within 24 hours.


6859 W. Addison
Chicago, IL 60634

Crystal Lake

8600 US Hwy 14
Suite 102
Crystal Lake, IL 60012

Monday - Friday
8AM - 4PM


Contact us today and tell us about your business or opportunity