Are you and investor who wants to grow your portfolio?

We write “blanket loans” on residential income producing properties creating an avenue for investors to unlock equity, get out from under hard money and ultimately expand on existing portfolios.  This is something that has never been done before and is wildly popular among the real estate investor community. 
 
Basic Guidelines:
  • We lend on 5 or more residential rental 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
  • The typical turn time from a signed Term Sheet with expense deposit to closing is 45 days

Views: 43

Reply to This

© 2020   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service