Recent Fundings - Rental
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Quadruplex
Suffolk, VA
$210,000 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Suffolk. Three out of the four units feature one bedroom and one bathroom, while one unit features two bedrooms and one bathroom. This property is less than two miles away from the Suffolk Golf Course and entrances to the Westhaven Lakes.
Quadruplex
Angleton, TX
$182,000 Texas DSCR Rental Loan for a Rate-Term Refinance of a rental property in Angleton. Located just 45 minutes south of Houston and 20 miles from the coast, Angleton provides easy access to the city and the beach. There is effortless access to the outdoors considering it is surrounded by several recreational parks, wildlife habitats, and lakes. Several electronic, steel, and oil headquarters reside in Angleton with more companies joining the area each year.
Single-Family-Residence
Albany, NY
$172,250 New York DSCR Rental Loan for a Cash-Out Refinance of a rental property in Albany. Featuring three bedrooms and one bathroom, the property has been thoroughly updated since acquisition with an updated kitchen, new flooring, and an updated bathroom. Only eight miles from downtown Albany, the property has access to major roadways, shopping, employment centers, and any essential services.
Single-Family Residence
Philadelphia, PA
$167,844 Pennsylvania DSCR Rental Loan for a Cash-Out Refinance of a rental property in Philadelphia. This property consists of three bedrooms and one bathroom. Built in 1920, the properties kitchen and bathroom have been recently remodeled. Additionally, new HVAC, plumbing, and electrical has been installed.
Single-Family Residence
Waterloo, SC
$400,763 South Carolina DSCR Rental Loan for a Cash-Out Refinance of a rental property in Waterloo. Sitting right up against the Saluda River and in close proximity to Lake Greenwood, it offers direct water access for swimming, fishing, and boating with its own private boat dock. Waterloo, South Carolina is a popular destination for the aforementioned activities thanks to its beautiful weather in the spring, summer, and fall, and its abundance of outdoor activities.
Single-Family Residence
Philadelphia, PA
$167,844 Pennsylvania DSCR Rental Loan for a Cash-Out Refinance of a rental property in Philadelphia. In the Germantown Morton neighborhood, this property is within walking distance of schools, shopping, and recreation centers.
Single-Family Residence
Madison, TN
$382,000 Tennessee DSCR Rental Loan for a Rate-Term Refinance of a rental property in Madison. Madison is a suburban neighborhood in northeast Nashville and has access to employment, schools, restaurants, entertainment, and shopping. Only 15 miles from downtown Nashville, the property location is perfect for having access to the thriving music scene, while having privacy and space in a neighborhood.
Single-Family Residence
Parkersburg, IA
$103,800 Iowa DSCR Rental Loan for a Cash-Out Refinance of a rental property in Parkersburg. This residence has three bedrooms and one bathroom. Recent renovations include new flooring, windows, interior painting, and furnace. Parkersburg is located approximately 30 miles west of Waterloo, it is a stable market with balanced supply and demand and marketing time of 3-6 months.
Fourplex
Alton, TX
$208,000 Texas DSCR Rental Loan for an Acquisition of a rental property in Alton. All units feature two bedrooms and one and a half bathrooms, with an average unit size of 1,022 square feet. Located in Alton, Texas, the subject property is just outside of McAllen, Texas offering no shortage of amenities such as schools, retail, and employment opportunities.
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