Flipside Lending funded the second of seven DSCR loans expected to close in the next 60 days for a repeat sponsor. This luxury single-family residence includes an accessory dwelling unit (ADU). The main home has a lease at $22,000/month, and the ADU is expected to generate an additional $3,800–$4,000/month, bringing total projected rental income to approximately $26,000/month.
The sponsor is a highly experienced investor and homebuilder with more than 30 years of track record and a net worth exceeding $50MM. Currently focused on the Hawaiian market, they are building and acquiring high-end homes, balancing sales with long-term rental holds at conservative leverage levels between 50–75% LTV.
At 50% LTV, Flipside delivered a stable financing solution that supports the sponsor’s strategy of growing a portfolio of luxury Hawaiian rentals while maintaining strong cash flow and long-term value creation.
Have a rental or investment property you’d like to finance?
Reach out to sales@flipsideloans.com to discuss your next deal.
