Michael Austin

We have rehab bridge loans and blanket portfolio loans (cross collateralized commercial loans) available nationwide for experienced residential real estate investors like yourself. The residential rehab bridge loans for residential rehab and fix and flips have very quick funding times and competitive rates. The rehab bridge loans have the following rate and terms: • Rates as low as 12% • 5 points origination • No set minimum FICO (the strength of the project is what matters most) • LTV up to 80% for purchase, 65% for cash out refinance • Property types: SFR, Multifamily, mixed use, office, apartments, warehouse and retail • Non-owner occupied; Tenant occupancy a plus. • normally close in 7 business days • 12 month fix & flip loans, 18 month fix & lease loans, 18 month commercial property loans • Up to 30 year amortizations • Up to 75% Loan To Value • Up to a 1.20x Debt Service Coverage Ratio (DSCR) • $50k minimum loan amount • $2.5M+ maximum loan amount • Cross-collateralization and Blanket Collateral Options. The blanket portfolio loans have the following rate and terms: • Minimum 5 properties • Minimum loan amount $500k • Rates as low as 5.5% • 2 points origination • normally close in 45 days • 5 and 10 year fixed rate • Up to 30 year amortizations • Up to 75% Loan To Value • Up to a 1.20x Debt Service Coverage Ratio (DSCR) • Recourse and Nonrecourse • Consolidate all rental units in one loan: SFR, 2-4 family units, condos, townhomes, multifamily and mixed use commercial properties Please let me know if I can be of assistance. ROCK CASTLE GROUP www.rockcastlegroup.com 3524 Yadkinville Rd, Suite 153 Winston-Salem, NC 27106