Have You Seen This Property in Tallahassee, FL?

Experienced investor looking to pull cash-out of an 8-property portfolio located in Tallahassee, FL. The properties are currently leased at $16,075/month, which is slightly lower than the appraised market rent of $16,850. The properties are combinedly appraised for a total of $2,030,000.00 as-is and CDAs were ordered to confirm the value was acceptable. The guarantor on the loan has excellent credit and bank statements reflect sufficient liquidity to meet the reserve requirement. Loan structured and priced in accordance with the qualification model. Total loan amount 75% LTV with 1.00 DSCR.