Flipside Lending recently funded a DSCR loan for a newly constructed single-family residence with an accessory dwelling unit (ADU) in Lahaina, Hawaii.
The borrower is a highly experienced investor and homebuilder with more than 30 years of track record across residential and multifamily projects. With a net worth exceeding $50MM, the sponsor is currently focused on the Hawaii market, building and acquiring luxury homes both for resale and as long-term rentals at conservative leverage levels.
At 55% LTV, Flipside provided a low-leverage, long-term financing solution that aligns with the sponsor’s strategy of maintaining stability while expanding a significant portfolio of high-end Hawaiian assets.
Have a rental or investment property you’d like to finance?
Reach out to sales@flipsideloans.com to discuss your next deal.
