A Unique Financing Option for Real Estate Investors

[Don Green]

I'd like to announce an exciting new blanket loan product that allows investors who currently own a portfolio of rental properties to unlock their equity, get out from under hard money and ultimately expand their portfolio.  This is a cutting edge product that's generating a lot of excitement from real estate professionals.  With this product, borrower's can:

• Have one loan for all their properties at a low rate on a 30 year amortization.
• Cash out at up to 75% LTV to renovate existing properties or use to expand their portfolios.

Basic Guidelines:

 

Portfolio must comprise of 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. 

 

• Loan sizes start at $500,000 and range up to $50 million.
• 5 and 10 year loan terms with 30 year amortization (preserving your cash flow).
• Interest rates in the 5-6% range. 
• 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.
• Brokers can charge 1 point origination and earn 1 point in YSP (meaning that pricing is very, very competitive.)

For more information feel free to reach out to me at the number below.

Don Green

801-566-0495

[e-mail]