ISO Lending Partner for Sober Living Niche Strategy

[Jared Galde]

Hey everyone, my partner and I focus solely on Sober Living investments. We now manage 50 (own 43) and over the past 4 years of doing this strategy we've become very good at it. We have done a lot of DSCR loans at this point but we're looking for a lender that has the ability to be completely bought into our strategy with us. Our rents are typically well above market rent and in areas where market rent doesn't work for our loans, it's a pain. We're looking for a lender who will use our lease numbers. We typically sign a 3 year lease with each house and an example of rents I'll just use the last deal we closed on....

Purchase price - $415,000

Market rent - $2400/mo

Our lease - 3 years @ $4750/mo

We don't have vacancies, lease is in hand before closing. 

TIA for any leads or connections