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Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

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Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.

27185 Astoria Brook Ln, Katy, TX 77494, USA

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💼💳 How Investors Are Turning to Class B & C Multifamily for Cash Flow & Growth 🏠🚙

🌰🏢 Value-Driven Investing: Why Class B & C Multifamily Assets Are Heating Up 🔥📈

April 10, 20253 min read

🌰🏢 Value-Driven Investing: Why Class B & C Multifamily Assets Are Heating Up 🔥📈

💼💳 How Investors Are Turning to Class B & C Multifamily for Cash Flow & Growth 🏠🚙

The commercial real estate world is shifting—and fast. As interest rates fluctuate and affordability challenges rise, Class B and Class C multifamily properties have quietly become the MVPs of investment strategies. And for those of us in commercial and residential financing, these assets aren’t just attractive—they’re full of opportunity.

Whether you're a first-time multifamily investor, a seasoned developer, or a broker looking to add value to your client's portfolio, understanding this shift is critical. Let’s break down why these mid-tier and workforce housing properties are commanding attention—and how smart financing strategies can help you capitalize on the trend.


🔍 What Are Class B & Class C Properties?

  • Class B properties are typically 10-30 years old, in decent condition, and located in stable neighborhoods. Think of them as solid, cash-flowing assets with room for cosmetic or operational improvements.

  • Class C properties are older, usually 30+ years, and located in less affluent or transitional areas. They come with higher risk—but also higher value-add potential and better cap rates.

Both classes offer compelling upside for the right investor with the right financing partner.


💰 Why Investors Are Betting Big on B & C Multifamily

1. Strong Demand for Workforce Housing With the shortage of affordable housing reaching crisis levels in many U.S. cities, Class B and C properties are more relevant than ever. Tenants are seeking affordability, and owners are benefiting from consistent occupancy and rising rents—even in uncertain markets.

2. Lower Entry Costs Compared to Class A trophy assets, B & C properties offer more approachable price points. For investors using commercial loans or small-balance multifamily financing, this means less capital upfront and higher ROI potential.

3. Room to Add Value From updated units to better management practices, value-add strategies are the name of the game. With our tailored bridge-to-permanent, DSCR, and agency financing solutions, investors can finance renovations AND roll into long-term debt—all in one place.

4. Stronger Cap Rates In today’s compressed market, finding yield is everything. Class B and C deals are offering 100-200 basis points more in cap rate spreads compared to newer luxury builds, making them ideal for cash flow-focused investors.


🏦 How Our Financing Solutions Help You Win

We specialize in matching investors and developers with the right funding solutions to unlock the potential of Class B & C multifamily deals:

Bank & Non-Bank Multifamily Loans – Including DSCR, bridge, and small-balance solutions
Value-Add Construction + Perm Financing
Refinance Options for Stabilized Assets
No Tax Return or W-2 Options for Investors
Flexible Terms for Rehab + Repositioning Deals

Whether you’re acquiring your first 10-unit or expanding into a 100+ unit portfolio, we can help you structure financing that supports your goals.


🌍 Houston, Katy, Fulshear & Beyond

Markets like Houston, Dallas-Fort Worth, and the broader Texas Triangle are booming with workforce population growth. Local investors are turning their eyes toward underutilized buildings, neglected properties, and opportunity zones—places where the right loan and a smart plan can turn a C into a B, and a B into an A-level investment.


🚀 Final Thoughts

If you’re still chasing luxury new builds, it may be time to rethink your strategy. The market is shifting, and Class B and C multifamily properties are leading the next wave of opportunity.

As your trusted mortgage advisor, we’re here to help you analyze deals, structure smart financing, and build wealth through multifamily real estate.

📞 Ready to explore your next investment? Let’s talk!


#MultifamilyLoans #CREFinancing #ClassBMultifamily #DSCRLoans #RealEstateInvesting #HoustonRealEstate #BridgeLoans #WorkforceHousing


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© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory


Class B multifamily investingmultifamily loan programsClass C apartment financingvalue-add real estate strategycommercial property investmentworkforce housing trends
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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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Copyright ©2021 | Mortgage Viking Team

Licensed to Do Business | NMLS # 228246


This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright © 2021 | Medallion Funds


Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

Copyright ©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply

Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/