Basic Guidelines: Bulk Packages Financing We lend on 5 or more residential rental property/units at a time. These rental properties consist of single family homes, condos, townhouses, 2-4 unit multifamily, apartment buildings and mixed use with up to 40% commercial or any combination of the above Our loan sizes start at $500,000 and range up to $50 million We offer a 5 and 10 year loan term with 30 year amortization LTV’s up to 75% as long as the loan size meets a minimum DSCR of 1.20x and Debt Yield of 8% The typical turn time from a signed Term Sheet with expense deposit to closing is 45 days
To get started, we ask that you have your borrower fill out the attached excel spreadsheet and return it to us. This spreadsheet will help us understand the portfolio of rental properties you'd like to finance, as well as the corresponding cash flow of these rental properties.
I am available any time to discuss details, click the link above to do a little research on us and feel free to call or email with questions.
All the best, Gist Group LLC 877-570-5594 www.GistGroupLLC.com ag29577@gmail.com