A repeat and experienced investor would like to cash out refinance this single family rental property located in Dayton, OH. The property was appraised for $130K as-is with a CDA confirming the value was acceptable. It is currently leased generating $1050/per month, which is below the market rate per the appraiser's estimate ($1200). Borrower has strong credit and sufficient liquidity to meet the reserve requirement. Loan is structured at 59% LTV presenting 1.53 DSCR.
Success Stories That Start With You
Every successful deal tells a story—of opportunity, of smart strategy, and of partnership. We’re proud to work alongside brokers and originators to deliver financing solutions that make a real impact. Want to learn more about how we can support your next project? Let’s connect.