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Posted: Tuesday, January 23, 2018 10:20 AM


Loan Purpose: Purchase, Cash Out, Refinance
Loan Product: 5-Year and 7-Year Hybrid Rates: 6-9% Amortization: 20, 25, 30
Min. Middle Credit Score: 650
Eligible Markets: Top 200 MSAs
Up to 80% LTV on multifamily properties and this includes cash-out transactions
Borrower does not document income on tax returns, investor, and owner-occupied
Recently stabilized - we only need 75% economic occupancy for the preceding 90 days at a 1.2 DSCR
No seasoning on title and the ability to use appraised value vs cost basis
Out of state investors
Markets with higher CAP rates
Low liquidity - You only need 3-6 months of P&I in reserves
Cal Now: 470-362-7887 x3 or click here 

• Location: Los Angeles

• Post ID: 157634907 losangeles is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2018