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Updated over 7 years ago on .

User Stats

241
Posts
86
Votes
Kyle Ransom
  • Investor
  • Atlanta, GA
86
Votes |
241
Posts

Get Financing For Small Apartment $250K-$2M

Kyle Ransom
  • Investor
  • Atlanta, GA
Posted

Loan Purpose: Purchase, Cash Out, Refinance Loan Product: 5-Year and 7-Year Hybrid Rates: 6-9%
Amortization: 20, 25, 30
Min. Middle Credit Score: 650
Eligible Markets: Top 200 MSAs

Up to 80% LTV on multifamily properties and this includes cash-out transactions

Borrower does not document income on tax returns, investor, and owner-occupied

Recently stabilized - we only need 75% economic occupancy for the preceding 90 days at a 1.2 DSCR

No seasoning on title and the ability to use appraised value vs cost basis

Out of state investors

Markets with higher CAP rates

Low liquidity - Silver Hill only needs 3-6 months of P&I in reserves

Call: 470-362-7887 x3 or click here 

Offering