RENTAL PORTFOLIO LOANS – FLORIDA
We offer long-term portfolio rental loans to real estate investors with multiple rental properties in Florida. A portfolio loan is mainly based on the value/cash flow of the property (DSCR type) instead of the income of the borrower. Gain consistency and efficiency by keeping all properties in a single loan structure.
Florida Markets Served
Any investment property in an urban or suburban setting in FL may potentially qualify for a portfolio loan. These are the most common markets:
- Tampa/St. Pete
- Orlando
- Jacksonville
- Gulf coast areas
Basic Portfolio Loan Terms
- Property types: residential 1-8 units
- Minimum property values from $50,000 (portfolio > $500k)
- 80% LTV purchase/75% Cashout
- 5/10/30-yr fixed or 5/7/10 ARM (I/O)
- Rates starting from the 6s%
- Minimum FICO 660
- No income verification
- Low fees and costs
- Foreign nationals OK
DSCR Ratio = Rental Income / (Principal + Interest + Taxes + Insurance)
LONG-TERM LOAN SOLUTIONS
RENTAL (1-4 UNIT)
Purchase or refinance of 1-4 unit properties based on the cash flow performance of the property (DSCR-type rental loan) so you can quickly add doors. Includes cash-out refinance options (BRRRR method)
RENTAL (5+ UNITS)
Purchase or refinance of 5+ unit properties based on the cash flow performance of the property (DSCR-type rental loan) to scale up your portfolio. Includes cash-out refinance options (BRRRR method)
RENTAL PORTFOLIO
Purchase or refinance of a collection of rental properties based on the cash flow performance of the properties (DSCR-type portfolio loan) for terms of 5 to 30 years, including cash-out options
Ready to get started in Florida?
Let’s discuss your specific portfolio financing scenario in FL