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Updated 10 months ago on . Most recent reply
DSCR Lender for Senior Care Facility?
Hi BP Community, I just got a senior care facility just south of Fort Worth under contract and am looking for a DSCR lender who can help with the purchase. It generates solid cash flow that can more than cover the debt service, and we're experienced investors with great credit. Does such a thing like this exist, or should we go the SBA cash flow loan route? Thank you!
Most Popular Reply
Quote from @Scott Wolf:
Quote from @Eric Boshart:
Hi BP Community, I just got a senior care facility just south of Fort Worth under contract and am looking for a DSCR lender who can help with the purchase. It generates solid cash flow that can more than cover the debt service, and we're experienced investors with great credit. Does such a thing like this exist, or should we go the SBA cash flow loan route? Thank you!
Will you be operating the facility? Or is it under a lease? What's the purchase price?
I will be operating. $1.7m