Real Estate Investing - Hot New BLANKET LOAN for Residential Property Investors

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Hot New BLANKET LOAN for Residential Property Investors

JeffK

2007-06-21, 9:25 am

SMART RATE COMMERCIAL CAPITAL
866-323-2920

NEW BLANKET LOAN FOR INVESTORS WITH MULTIPLE RESIDENTIAL PROPERTIES

For investors with 5 or more residential properties

Close it in an LLC-added protection and less personal liability

Total loan sizemust be under $3 Million.

Properties can be spread out in DIFFERENT TOWNS!

Partial releases allow investor who owns 10 rental properties to put
all the properties into one loan!

Frees you up to start buying more residential properties

Roll your properties into one loan

New loans then qualify for FNMA rates

Investment properties must cash flow 1.2 times. Maximum total LTV =
80%. Cash out available but must still cash flow. Qualifying based on
cash flow and NOT tax returns. Full doc only.

Greg Kitchen
Smart Rate Commercial Capital
866-323-2920, ext. 105

gkitchen@smartrate.com

Smart Rate Commercial Capital is a broker and will pay referral fee
of .375% on closed loans. No co-brokering allowed

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