Business-purpose financing programs available through RED

Purchase and renovation, 12 months

Purchase and renovation financing for non-owner-occupied 1–4 unit residential investment property.

Up to 90%

Loan-to-cost

Up to 100%

Of renovation budget

12 months

Term

Thirty-year rental financing

Thirty-year financing against a single cash-flowing 1–4 unit rental. Qualification is driven by property cash flow, not personal income.

Up to 80%

LTV on purchase

1.05x

Minimum DSCR

30 years

Term

Rent-ready, no renovation planned

Short-term financing against a recently renovated or newly built 1–4 unit property that is listed for sale or about to be rented. No renovation budget, no scope of work.

Up to 85%

Loan-to-cost

Up to 70%

Loan-to-value

12 months

Term

Small balance transitional bridge

Bridge financing against a single 5+ unit residential multifamily property being repositioned. Light to moderate renovation only, and a narrower footprint and sponsor profile than the rest of the platform.

70%

Max LTC

75%

Max LTV, as-is

1.25x

Stabilized DSCR

725

Minimum FICO

Offered in CT · IL · MA · NC · NH · NJ · NY · PA · RI · SC

Experience is required — first-time multifamily buyers are not eligible — and the guarantor carries liquidity of 10% and net worth of 100% of the loan amount. Single properties only; no mixed use.

Infill builds, by conversation

Construction financing for 1–4 unit infill development on single lots and small schemes. Experience-gated, and leverage moves with permit status.

Up to 75%

Of land value, permitted

Up to 90%

Loan to final cost

Up to 70%

After-repair LTV

One loan across many doors

Thirty-year blanket financing against two to ten cash-flowing 1–4 unit rentals. One loan, one closing, one payment, underwritten on the portfolio's combined cash flow.

Up to 80%

LTV on purchase

1.05x

Minimum DSCR

2–10

Properties per loan