From: JeffK
Newsgroups: sdnet.real-estate
Subject: Hot New BLANKET LOAN for Residential Property Investors
Date: Thu, 21 Jun 2007 07:22:02 -0700
posting-account=PSHVFA0AAAB-jgGF8L59dX_67CJJ6_PP
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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 and US PROPERTIES 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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