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09-30-2024, 01:30 PM #1
- Join Date
- Nov 2020
- Posts
- 20
Direct Lending For 1-4 Unit DSCR
Looking to work with brokers for DSCR loans and 1-4 bridge loans. Rates are 5.5-12% depending on leverage credit score and experience. Foreign nationals are accepted. Lets connect!
James Stcyr
Triumph Solutions LLC
James@triumphsolutionsllc.comLast edited by triumphsolutionsllc; 10-02-2024 at 04:20 PM.
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09-30-2024, 06:22 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 3,205
Dave Lambert, Business Development
Managed Services Provider
https://www.tsys.com
https://www.united-internet.com
https://www.nmi.com
dave@fcbankcard.com
Office: 727-233-1111
Skype: fc-financial
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09-30-2024, 09:58 PM #3
Very few DSCR loans make sense nowadays as the rental income usually doesn't cover the mortgage and expenses.
DSCR = Debt Service Coverage Ratio...Last edited by Olderguy; 09-30-2024 at 11:38 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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10-02-2024, 02:58 PM #4
- Join Date
- Mar 2021
- Posts
- 54
DSCR deal flow is on fire right now, specifically 5-10 units. New York, Sacramento, Oakland, SF are littered with DSCR refis than the credit unions are not writing at this time.
Side Note: 5.5% on a DSCR is incredible.
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10-02-2024, 04:21 PM #5
- Join Date
- Nov 2020
- Posts
- 20
No DSCR requirement on loans under 50% LTV as well.
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10-02-2024, 04:56 PM #6
Most of the deals I get are MCA bailouts for SFR NOO. You are correct in a very limited market relative to the current deal flow.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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