All Forum Posts by: Michael L.

5 and 10 year terms, 30 year amortization. 

Competitive commercial rates. 5 property min = $250,000 or more in value. 

Simple and straight-forward pre-qualification process. 

Thanks, Michael ([email protected] and 336.501.5827)

These are single-family or multi-family?

I can do up to 75% LTV, 5 & 10 year terms, 30 yr amortization, non-recourse, competitive commercial rates.

Simple application process, just need address, value, and rents. Email me and I'll send you our eligibility spreadsheet. 

I can have a turn-around answer within 24hrs. [email protected]

@daniel 

@Daniel Raposo Thanks.

Looking to connect with hard money lenders who have been in business for the past 6 years and who provide short term financing. 

@Mike Makkar Recourse or non-recourse? Is it is refi or new purchase?

Often portfolio lenders require you to have an LLC. One advantage of the new wave of portfolio lending that is really taking off right now is the loans are non-recourse. They are based on the cash flow/ debt service.

Portfolio lenders have emerged over the past two years to provide financing specifically single-family rental investors. Many banks have pulled away from SFR lending. I just spoke to a commercial banker in NC, who said his bank really got burned during the downturn and now is only lending to the top qualified borrowers. They are often non-recourse, fixed, 30 yr am, and are based heavily on rent rates to debt service.

$1MM -$5 mm pools - acquisition price. 

Having trouble with you current bank for portfolio refinancing? Is your personal income/debt situation, property count/ cost, and goals for your Single-Family Rental portfolio not fitting the products of your local or regional banks? 

Single- family rental portfolio funding is a new form of lending aimed to help small and large single family rental investor family prosper. The application process is easy and simple. We hang our hat on the performance of your homes. We look at home value, rent rates, taxes and insurance. 24 hr Pre-qualification turn-around -  free of charge. Nationwide. Contact me for me information.