.jpg)
When your liquidity is tied up in multifamily investments, it’s often difficult to access the cashflow you need to keep growing your portfolio, improving your existing properties, and managing the day-to-day expenses of running your business.
Nectar’s financing solution is built to support all kinds of experienced rental owners and operators — short term and long term rentals, single and multifamily, even assisted living and mobile home parks — but it’s an especially powerful option for the capital-intensive multifamily space.
In this article, we’ll break down some of the specific reasons why multifamily owners and operators should consider applying for cash flow-based financing.
What is Nectar Financing?
Nectar’s cash flow-based financing is fast, flexible capital experienced operators can use to grow their real estate businesses, without giving up their equity.
Our financing operates as a cash advance, so unlike most other financing sources, we’re primarily looking at the cash flow of your entire portfolio, so we’re not as concerned about debt to income ratios, the number of mortgages you have, or the specific assets you plan to put the capital toward.
Rental owners and operators take on Nectar financing for a wide variety of purposes, including:
- Making a down payment on a new property
- Renovating
- Furnishing a new unit
- CapEx
- Refinancing high-interest debt
- Purchasing an interest rate cap on a loan
- Acquiring another management company
- Hiring new employees
If you’re a rental owner or operator with 3+ years of experience and a cash flow positive portfolio, you may be an excellent candidate for Nectar financing. Keep reading to learn about some of the benefits, or apply now to see how much you qualify for.
4 Benefits of Nectar for Multifamily Investors
To better understand why so many owners and operators are choosing to work with Nectar, let’s take a look at four specific ways our model meets the needs of multifamily investors:
1. The Market Moves Fast; Nectar is Even Faster
When you find a great deal, you don’t always have time to waste on liquidating other assets or gathering up the capital you need from lenders or investors. We built Nectar to move fast enough to keep up with the ever-changing needs of real estate investors like you.
We can provide first-time customers with capital in as little as 7 days. And for returning customers, we’re often able to complete deals in as little as 24 hours.
2. No Impact to Your Debt-to-Income Ratio
Because Nectar financing is a cash advance and not a loan, it does not impact your personal credit or your DTI.
You can still qualify for Nectar if you have a mortgage or other debt. In many cases, investors will even use Nectar financing for the down payment that helps them qualify for their second, third, or even tenth mortgage or DSCR loan.
3. Working Capital Based Primarily on Your Cash Flow
Other types of financing tend to get more restrictive as your portfolio grows. Even if you are a top-performing real estate investor, you may struggle to qualify for loans or mortgages, leaving you to choose between slowing your pace of growth or taking on outside investors.
Nectar offers you a third option, allowing you to keep growing without giving up equity. Our founders are real estate investors themselves who understand the unique challenge of securing working capital, so they built Nectar to provide the solution other investors need.
We believe an experienced investor with professional-level management is less risky than the first-time investor with a single property. Because Nectar’s financing is based on your cash flow, our ability to fund you actually grows as your portfolio and cash flow grow.
4. Ability to Work with Syndication and Fund Models
Nectar can work with a variety of business models, whether you own your property outright or have raised capital through a fund or syndication. Think of us as your source of working capital you can access while your portfolio’s value is tied up in the properties you own.
.png)
