Florida Multifamily (5+ Units) provide business-purpose real estate investors with Up to 75%–80% LTV Purchase / 70%–75% Cash-Out across loan amounts from $100,000 – $15,000,000+ at 6.50% – 8.50% (Perm) / 8.99%+ (Value-Add Bridge) (30-Yr Fixed, 5/1 & 7/1 ARM, 10-Yr IO, 24-Mo Bridge, 660+ FICO min FICO, 21 – 30 Business Days close). In Florida (FL), lenders underwrite to a Judicial (Circuit Court Foreclosure Action) statutory framework (180–260 days-day average timeline), a 0.86% average property tax rate (~$312/mo at the $435,000 state median), and $940/$100K hazard insurance (~$341/mo).
Multifamily loans through Loan Daddy LLC (NMLS #2827624) cover every apartment unit bracket—including 5–8 unit residential crossover DSCR, 5–9 and 5–10 unit small-balance apartments, 5–25 unit mid-market buildings, and 5+ unit commercial communities—offering both permanent 30-year fixed financing and value-add bridge-to-perm capital.
Median 1–4 unit price of $435,000 (75% LTV = $326,250) with Form 1007 rent of $3,350/mo and multifamily rent of $1,890/door.
Florida operates under a Judicial (Circuit Court Foreclosure Action) regime (180–260 days days). Lenders require ALTA lender's title endorsement, LLC Good Standing, and 6 months PITIA liquidity reserves.
Close in your Florida LLC or Delaware LLC registered in FL with zero personal tax returns, W-2s, or 4506-C transcripts.