Non Bank Rental property loans

 

  • 30 year fixed products – not hard money  (5 year arms all the way to 30 year fixed)
  • Alt Doc , Stated, no ration – no property DSCR-No Income Verification Required
  • Up to 80% LTV’s
  • No limit on # of properties financed and owned
  • no credit minimum – (need explanation for low credit)
  • Rates from 5.99
  • Borrowing in an LLC  or IRA  allowed (yes,some non recourse for IRA )
  • Purchase and/or Cash-Out options available (you must own your primary or another home in TX)
  • Property does not have to be leased to qualify
  • Can lend on SFR’s, Condos, Townhomes, 2-4 Units, Multi-Unit and Mixed-Use

DB Capital – Monty Busch , Investment Property lending since 2002

 

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