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Updated 15 days ago on . Most recent reply

User Stats

3
Posts
0
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Keil Zepernick
  • Winter Garden, FL
0
Votes |
3
Posts

Transitional living/sober living homes

Keil Zepernick
  • Winter Garden, FL
Posted

is anyone currently an owner or operatoring a transitional living home/sober living home in the Central Florida area? I would love to connect!

  • Keil Zepernick
  • Most Popular Reply

    User Stats

    172
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    28
    Votes
    Quinton Brown
    • Lender
    • Seattle WA
    28
    Votes |
    172
    Posts
    Quinton Brown
    • Lender
    • Seattle WA
    Replied

    Yeah, I’ve helped with one recently.
    Did a refi on a small residential home used for assisted living.

    It was a DSCR loan 1.30+, around 60% LTV, mid-700s credit. Loan came in just under $1M. Way simpler than going full commercial, which was the big win.

    Happy to share what mattered most to the lender if anyone’s looking into this space.

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