For larger loans, your net worth often needs to equal at least 100% of the loan amount , with liquid cash reserves (post-closing) of at least 10% of the loan amount . Primary Financing Options Buying Your First Apartment Complex: An Investor Guide
Lenders require the property's Net Operating Income (NOI) to exceed the annual debt service. Most expect a DSCR of 1.25x or higher . how to get a loan to buy an apartment complex
Many lenders, especially "Agency" lenders like Fannie Mae and Freddie Mac, prefer borrowers with at least 2 years of multifamily management experience . For larger loans, your net worth often needs
Getting a loan for an apartment complex (multifamily real estate with 5+ units) is fundamentally different from a standard home mortgage. In 2026, lenders prioritize the over your personal income, often requiring a detailed analysis of the building's financial performance. Core Loan Requirements for 2026 Many lenders, especially "Agency" lenders like Fannie Mae
A minimum score of 660–680 is typically required to secure favorable terms.
To qualify for most commercial multifamily loans, you will generally need to meet these criteria: