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Updated over 5 years ago, 07/03/2019
SFR Portfolio Loan for Rent to Own Tenants
I have a client that is looking to refinance 68 SFRs in Oaklahoma. The issue is most lenders (Corevest, Lima One, Vizio, Finance of America, Cherrywood, etc) won't lend because the rental contracts all have rent to own clauses in them. The portfolio cash flows pretty well. Does anyone know of any lenders that would consider this? If so, please share.