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06-17-2020, 07:01 PM #1
- Join Date
- Jun 2020
- Location
- Missouri
- Posts
- 59
Lender needed for SFR Investment Property in Texas, $266,250 Loan amount
I have a client with a work visa living in Texas who has a contract to purchase a SFR (brand new) for use as a rental. He is looking for a short term bridge loan, 12 - 24 months which will give him time to get his permanent residency established and then transition out into a conventional loan. Client has FICO of 640. Purchase price of $355,000, need 75% LTV. Property will be rented out for $2,600 per month. DIRECT LENDERS ONLY, PLEASE!
Tom Harrier
Integrity Commercial Loans, LLC
broker@tomharrier.net
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