All Forum Posts by: Robin Simon

DSCR for Mixed Use is already really hard and then on top of that adding Rural its really going to be tough sledding.

How many total units (breakdown by Sq. ft and units resi vs. comm)?

Welcome to BP!

Welcome to BP!

Another Broken Bow DSCR Loan funded by Easy Street Capital!

💵Just Funded💵🏕️airbnb Loans🏕️
$388,000 Acquisition DSCR Loan for the purchase of a new STR in Broken Bow, Oklahoma via @Zach Edelman! These investors sharply utilize our DSCR program for another STR purchase - only 20% down, LLC-friendly, qual on 100% airdna, 30-yr fixed!

Another great Salt Lake City DSCR Loan funded by Easy Street Capital!

💵Just Funded💵🏘️Triplex Loans🏘️
$400,000 Cash-Out Refinance DSCR Loan on a three-unit investment property (fully leased and cash-flowing) in Salt Lake City, Utah! Duo of sponsors take some capital out of one of their many rentals to aim to purchase another one in 2025! 🚀🚀🚀

 definitely pretty common among Hard Money Lenders - just have to have a strong valuation team and expertise 

One thing to watch out for is the financing aspect of it - could be a hurdle getting a loan if the transaction is "non-arms length" - i.e. between "Friends" - might be worth looking at seller financing too

Welcome to BP! 2-4 unit in New England sounds like a solid next step!

Can certainly help with some of your questions and with getting started.  The terms you are looking to offer definitely appear reasonable and you should be able to get these offered out under a white label or table funding (maybe not all those terms at once, but likely covered through different options/programs, even with one lender)

 Welcome to BP!