Rental Property Quick FAQ – Urban Coyote Funding and DB Capital
We are lenders (private capital) and intermediaries and brokers for long term (non bank – alternative – soft) money for real estate investors.
Residential and commercial property and land.
- Fast review (send summary, financial statement with reo schedule and property info)
- Urban Coyote can provide acquisition and rehab funds l to real estate investors.
- Non-owner occupied single family, 2-4 units, condos, and commercial income property (alt doc and stated).
- Rental loans and ground up new construction loans are available starting at 80% of cost (LTC)
- Long term loans in most states.(ask) .
- Interest rates from 6’s on landlord loans and from 10% on hard- rehab loans.
- We maximize your leverage and returns by lending up to 90% of rehab
- Loan amounts from $40,000 on rehab (more important is having ARV over 90k)
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Recent Closings: various rehab loans in Texas from 60k to 230k
Commercial land, 1.5 million, 650k and 3.5 million (Texas, Florida and Utah)
Long term stated and alt doc loans 30 years 7.5 (credit was under 680)
Stated income apartment loan 7.875 (credit was under 660) ,