All Discussions Tagged 'portfoilio' - Real Estate Finance2024-03-29T14:01:57Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=portfoilio&feed=yes&xn_auth=noResi 1-4 unit, Warrantable Condos, Townhomes Single & Portfoliotag:realestatefinance.ning.com,2016-05-19:6517464:Topic:2670232016-05-19T17:34:48.807ZChris Cambridgehttps://realestatefinance.ning.com/profile/ChrisCambridge
<p>Portfolio props must be in same state.<br></br> All loans must close in an entity (Limited Liability Company, S-corporation, Corporation, IRA, etc.)<br></br> A 30-year, fully amortized loan product for the purchase or refinance of both single rental properties and rental portfolio</p>
<p>630 FICO<br></br> 75% LTV...25% Down minimum<br></br> DSCR 1.3<br></br> Rates start at 6.5%<br></br> Prepay 5% stepdown<br></br> Appraisal 375-575/property<br></br> $100K plus value preferred.<br></br> Minumum loan per property $50K.<br></br> •…</p>
<p>Portfolio props must be in same state.<br/> All loans must close in an entity (Limited Liability Company, S-corporation, Corporation, IRA, etc.)<br/> A 30-year, fully amortized loan product for the purchase or refinance of both single rental properties and rental portfolio</p>
<p>630 FICO<br/> 75% LTV...25% Down minimum<br/> DSCR 1.3<br/> Rates start at 6.5%<br/> Prepay 5% stepdown<br/> Appraisal 375-575/property<br/> $100K plus value preferred.<br/> Minumum loan per property $50K.<br/> • Southeast - GA, FL, AL, TN, SC, NC, VA, WV, KY, LA, MS<br/> • Northeast - DC, MD, PA, DE, NJ, CT, MA, NH, RI, VT<br/> • Midwest - OH, IL, WI, MI, IN, MO, KS, NE, IA, MN <br/> • Southwest - TX, OK <br/> • West - CO, WA, OR, UT</p>