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— Free Template · Multifamily & Commercial

The LOI template.

A clean, professional Letter of Intent you can use on any multifamily or commercial acquisition. Standard structure, fill-in-the-blank fields, ready to send to a broker or seller.

What's Inside · Core Sections
/ / / 01
Purchase Price

Clear price terms with breakdown of cash, financing, and any seller financing or assumed debt structure.

/ / / 02
Earnest Money

Standard refundable and non-refundable earnest money structure that protects both buyer and seller.

/ / / 03
Due Diligence

A 30-day inspection and feasibility period — the framework brokers and sellers expect to see.

/ / / 04
Closing & Contingencies

Closing timeline, financing contingencies, and the standard reps and warranties for a clean offer.

Who This Is For

Active multifamily and commercial buyers, sponsors making their first offer, and anyone who's tired of paying an attorney every time they need a first-draft LOI. Customize it, send it, win the deal.

Instant Download

Get the LOI template.

Tell us a bit about yourself and we'll send the template instantly. It's an editable Word doc you can customize for any multifamily or commercial deal.

By submitting, you agree to receive occasional updates from Momentum Multifamily. We never share your information.

A Letter of Intent document on a desk with a pen
— Section 01 · The Purpose

What an LOI actually does.

An LOI is not a contract. It is the document that defines the shape of the deal — price, earnest money, diligence, and closing — before either side spends real money on attorneys. A clean, professional LOI is often the difference between getting a counter and getting ignored.

  • Sets the major business terms before lawyers and contracts get involved
  • Signals to the broker and seller that you are a serious, organized buyer
  • Locks in the framework so the PSA negotiation moves quickly
  • Gives you optionality — non-binding, so you can walk if diligence reveals issues
— Section 02 · The Workflow

How to use this template.

This template is structured the way brokers and sellers expect to read an offer. You don't need to redesign it. You need to fill it in, calibrate a few key terms to your strategy, and send it. Here is the order we recommend.

  • 01Open the Word doc and replace every highlighted blank with your deal-specific terms
  • 02Adjust the earnest money structure to match the competitiveness of the market
  • 03Calibrate the due diligence period — 30 days standard, 21 days competitive, 45 days buyer-friendly
  • 04Send it to the broker with a short, professional intro email and have your attorney review

Pro tip: Included are optional extra clauses for ultimate customization — add them as needed for deal-specific requirements or unique market conditions.

A modern desk with an LOI, laptop, and architectural model
— Why Download This

Make offers faster.

The deals worth winning move quickly. A clean LOI template is the difference between getting an offer in front of a broker today versus next week.

  • A fill-in-the-blank LOI you can send in under 30 minutes — no starting from scratch
  • Battle-tested format we use on our own multifamily and commercial deals
  • Standard sections brokers and sellers expect, structured for fast turnaround
  • Editable Word doc you can brand, modify, and reuse on every deal you chase

Note: This template is a starting point provided for educational purposes. It is not legal advice. Always have a qualified attorney review any LOI before sending it to a counterparty.