We have hard money and blanket loans (cross collateralized commercial loans) available nationwide for experienced investors like yourself. The hard money for fix and flips is at standard hard money …

We have hard money and blanket loans (cross collateralized commercial loans) available nationwide for experienced investors like yourself.


The hard money for fix and flips is at standard hard money rates but they have a very quick closing process for experienced investors.


The blanket loans have the following rate and terms:


• Average rate 6.5%
• 2 points origination
• normally close in 45 days
• 5 and 10 year fixed rate
• Up to 30 year amortizations
• Up to 75% Loan To Value
• Up to a 1.20x Debt Service Coverage Ratio (DSCR)
• Recourse and Nonrecourse
• Minimum 5 properties
• Minimum loan amount $500k
• Consolidate all rental units in one loan: SFR, 2-4 family units, condos, townhomes, multifamily and mixed Use Commercial Properties

Please let me know if I can be of assistance.

Sincerely,
Mike Austin

Rock Castle Funding
mike@rockcastlegroup.com
office 336-306-5944
mobile 336-813-3457
www.rockcastlegroup.com

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