These anonymized funded investor deal examples show how Investor Multifamily Capital reviews real-world business-purpose investment property scenarios: rent, DSCR, leverage, liquidity, property history, and structure.
Funded transactions shown for illustration. Details are generalized and no borrower names are used. All financing is business-purpose investor lending. Past transactions are not a commitment to lend.
Methuen Two-Family: Approximately $250,000 DSCR Cash-Out on a Long-Held Rental A returning investor client owned a two-family in Methuen that he had held as a rental for roughly 16 years. The property had appreciated substantially, with a recent appraisal near $1,000,000. He wanted to pull approximately $250,000 in equity to redeploy, without selling the asset and without conventional income documentation. As an experienced landlord holding the property as an investment, he was a clean fit for a business-purpose structure. Structure: DSCR cash-out refinance, qualified on the property, asset retained. Outcome: Accessed approximately $250,000 in equity from a long-held Methuen investment property while keeping the asset and its income.
Haverhill Three-Family: DSCR Cash-Out on an Investment Property A returning client owned a three-family in Haverhill now operated entirely as an investment property. He wanted to access equity and move the property onto an investor-focused loan structure rather than financing built around the wrong use case. Structure: DSCR cash-out refinance on the three-family. Outcome: Repositioned the property as an investment asset and extracted equity, qualifying on the building's income.
Greater Boston and MetroWest
Waltham Three-Family: Approximately $200,000 DSCR Equity Extraction, First Mortgage Preserved A long-time investor client had owned a three-family in Waltham for around 26 years. The property appraised near $810,000 with a small existing first mortgage balance, and he wanted roughly $200,000 in hand. He holds significant real estate, which makes conventional income documentation complicated, and he wanted to keep the excellent first mortgage already in place. Structure: DSCR financing structured to access equity while keeping the existing first mortgage intact. Outcome: Accessed approximately $200,000 from a long-held investment property without disturbing the first mortgage or selling the asset.
Worcester County
Lawrence Investor Expands Into a Worcester Three-Family An investor based in Lawrence, Massachusetts already owned a three-family and wanted to grow her portfolio. The target was a three-family in the Worcester market near $730,000 with about 20 percent down. The property showed strong cash-flow characteristics, which made it a clean fit for investor financing qualified on the property rather than personal income. Structure: Investor financing on the Worcester three-family, approximately 20 percent down. Outcome: Grew from a single multifamily property into a larger portfolio position with the Worcester acquisition.
Florida
Jupiter Airbnb: Moving a Short-Term Rental Into a Business-Purpose DSCR An investor owned a short-term rental in Jupiter, Florida that she had run as an Airbnb for about a year. The existing loan was in her personal name and on her personal credit, and she wanted the property financed as the business it actually was. With roughly twelve months of Airbnb operating history, the rental performance could carry the loan. Structure: DSCR refinance, approximately $460,000, underwritten on the property's short-term rental income. Outcome: Refinanced from a personal-name loan into a business-purpose DSCR structure supported by the property's Airbnb performance.
Orlando Estate-Sale Acquisition: DSCR Purchase An experienced investor was acquiring a single-family property in Orlando, Florida through an estate sale, at a purchase price near $300,000. He wanted to buy with about 20 percent down and avoid traditional personal-income underwriting. Structure: DSCR purchase, approximately 20 percent down, business-purpose. Outcome: Acquired the property on a business-purpose DSCR loan, qualified on the deal.
Fort Myers: First Investment Property for a North Shore Investor A borrower from Massachusetts' North Shore with a strong credit profile wanted to buy her first rental property, a single-family in the Fort Myers area, near $460,000 with about 20 percent down. With no prior investment property ownership, investor financing can be harder to structure, but her overall strength supported a business-purpose approach. Structure: DSCR purchase, approximately 20 percent down, structured for a first-time investor. Outcome: Acquired her first investment property on a business-purpose DSCR loan.
What These Pages Prove
IMC starts with the investor scenario, not a retail mortgage script
DSCR review depends on rent support, PITIA, leverage, and reserves
Bridge review depends on collateral, timing, cash-to-close, and exit strategy
Multifamily review depends on rent roll, NOI, occupancy, operating expenses, and value-add plan
Deal rescue usually requires a new structure, not a louder version of the failed loan
