Multi-Family Loans on Kauaʻi
Multi-family on Kauaʻi is dominated by older buildings with rent upside. We know local rent levels and what buyers and refinance lenders will underwrite on Kauaʻi.
- No credit minimum
- Same-day quote
- Close in days
- All six islands
The Old King Kalākaua Building · 1407 Kalākaua Avenue, Honolulu · Open 7 days a week by appointment
- Leverage
- Up to 70% LTV or 75% of stabilized value
- Rate
- About 12% a year (1% a month), interest only
- Term
- 6 to 24 months
- Units
- 2 to 20
- Exit
- Refinance into a DSCR or bank loan
- Rehab
- Draw funding available
Using a multi-family loan on Kauaʻi
Small multi-family in Hawaiʻi is scarce and often held for decades, so buildings come to market under-rented and under-maintained. That is the opportunity. We fund the purchase and the unit turns so you can raise rents and refinance at a stabilized value.
Kauaʻi has the smallest housing inventory of the four main islands and some of the strictest growth controls, which keeps values high and supply scarce. That scarcity is exactly why renovated homes in Kapaʻa, Līhuʻe and Kōloa sell quickly at strong prices.
Where this loan works best on Kauaʻi
- Līhuʻe and Puhi. Employment center with workforce housing demand.
- Kapaʻa and Wailua. East-side homes and condos with the deepest resale pool.
- Princeville and Hanalei. Luxury renovations and construction on the north shore.
- Kōloa and Poʻipū. Resort-zoned condos and south-shore homes.
- Kalāheo and Lāwaʻi. Ag lots with ohana potential.
Kauaʻi specifics we underwrite
Kauaʻi buyers are a mix of local families, mainland second-home purchasers and retirees. Turnkey condition commands a large premium because contractor availability is limited for end buyers.
Leasehold exists in a few Poʻipū and Princeville condo projects. Most single family inventory is fee simple. We review lease terms case by case.
How we fund in Kauaʻi
Tell us about the property
Island, property type, purchase price, estimated after-repair value and your exit plan. Takes two minutes and needs no personal financial documents.
Same-day quote
We come back with loan amount, rate and structure. No committee, no runaround.
Property evaluation
We inspect the asset and verify title. Local knowledge means this step moves fast.
Fund and close
Sign documents, record the deed of trust, receive funds. Pay interest only until you sell or refinance.
Kauaʻi multi-family loans questions
Straight answers. If yours is not here, call 808-523-2000 and talk to a decision maker.
What is the largest building you finance?
We routinely fund 2 to 20 unit buildings. Larger projects are evaluated case by case.
Do you fund unit renovations?
Yes, through a rehab holdback released as units are completed.
Do you lend on Kauaʻi?
Yes, island-wide. Kauaʻi loans carry the $1,500 outer-island retainer and we schedule a property visit early in the process.
Can you finance a Kauaʻi vacation rental purchase?
If the property is in a Visitor Destination Area or holds a nonconforming use certificate, yes. Otherwise we underwrite to a long-term rental or resale exit.
Same-day quote for Kauaʻi
Two minutes. No credit pull, no documents. Get an instant estimate and a same-day quote from a lender that actually closes in Hawaiʻi.