@Erin Elam - we're ATL based, but fund nationwide. Happy to take a look at your deal. Portfolio loans do have a minimum property value. [email protected]
@Erin Elam - we're ATL based, but fund nationwide. Happy to take a look at your deal. Portfolio loans do have a minimum property value. [email protected]
Ok Simmy, we're actually looking at a property in Norcross. What is your min property value?
For an individual rental purchase, $75k. For a Portfolio loan, two options: a) properties from 2 - 7 assets, min property value of $85k (no minimum loan amount). b) properties from 2+, minimum property value of $60k, but loan amount must be a minimum of $500k.
For an individual rental purchase, $75k. For a Portfolio loan, two options: a) properties from 2 - 7 assets, min property value of $85k (no minimum loan amount). b) properties from 2+, minimum property value of $60k, but loan amount must be a minimum of $500k.
What terms do you offer with your portfolio loan? (Amortization, loan term, rates for 3 houses ~$250k)
How long can rates with a portfolio loan be locked in?