All of our CASE STUDIES, like this Houston, TX, DSCR Rental Loan case study for a loan in the amount of $249,690, showcase the real estate investment loans we have done for our clients. They give you real-life details about how other investors used our loan products to build their portfolios! From fix and flip and fix to rent loans to new construction, multifamily and rental loans, we do them all!
CASE STUDY OVERVIEW: DSCR RENTAL: HOUSTON, TX: $249,690
Location: Houston, TX
Loan Amount: $249,690
iFC Loan Product: DSCR Rental
Property Type: SFR
Loan Closing Date: 11/13/24
Purchase Price: $287,000
Construction Budget: $0
Monthy Rental: $2,200
ARV: $287,000
Loan to cost: 78%
Exit Strategy: Buy and Hold
Length of Loan: 30 Years
CASE STUDY DETAILS: DSCR Rental: HOUSTON: $249,690
IFC’s Houston, TX, Territory Manager, Ross Wilkins, met this new DSCR rental loan client at a local meetup.
He learned that the customer buys upwards of 30 deals monthly, depending on market and availability, all over the Houston metro area.
The investor is always on the lookout for direct lenders who can provide great DSCR rates and products.
HOW WE HELPED
Due to some issues in the past with previous lenders and long closing periods, the client was very concerned about closing the loan on time.
We met the client’s expectations on rates and terms, and we closed this 30-year rental loan on time, helping this client to continue to scale quickly and efficiently.