Looking for Portfolio Lender in Austin and/or St. Louis

[Gunnar Teltow]

Hello BP community,

We're now up to 30 units in St. Louis and would like to take this business to the next level. Specifically, if such a thing were available, we would like to start with $1 million in capital to deploy: $250k or so equity from us and a $750k LOC.

From the forums, it sounds like a local portfolio lender would be ideal for this. But local to the properties or the borrower? Our investment firm and the family office are in Austin, and the properties in St. Louis.

Any insights/recommendations would be very welcome, and if you're a lender or broker please contact me.

Thanks!

[David O.]

Hi Gunnar,

I don't know if this helps but this is a portfolio lender I spoke with that may be able to point you in the right direction:

William Ruiz, Senior Vice President

FirstKey Lending, LLC

Office: 646-362-0280

Cell: 914-671-4423

875 Third Avenue, New York, NY 10022

[email protected]

www.firstkeylending.com

Congrats on getting up to 30 units!