Black Obsidian Holdings, LLC

Black Obsidian Holdings, LLCBlack Obsidian Holdings, LLCBlack Obsidian Holdings, LLC
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Black Obsidian Holdings, LLC

Black Obsidian Holdings, LLCBlack Obsidian Holdings, LLCBlack Obsidian Holdings, LLC
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PRIVATE MONEY LOAN PROGRAM 1

LONG TERM RENTAL

LONG TERM RENTAL

LONG TERM RENTAL

LOAN GUIDELINES


  •  INVESTOR ADVANTAGES:  Approval based on the Property Cashflow and not your tax returns. 


  • INTEREST RATE: Starts As Low As 7.5% 


  • ORIGINATION POINTS: Starts As Low As 2.99% 


  • NO EXPERIENCE REQUIRED 


  • Loan Amount: Up To 2 million (up to 75% LTV) 


  • Min. FICO Score: 660 


  • Cross-Collateral is allowed on 2 or more properties. Portfolio loans available on a case-by-case basis. 

CONSTRUCTION

LONG TERM RENTAL

LONG TERM RENTAL

LOAN GUIDLINES


  •  Collateral: Non-Owner Occupied Single Family Properties, Condos, & Townhomes 


  • INTEREST RATE: Starting at 11.29% 


  • Term: 12 Months to 24 Months 


  • Loan Amount: $100K* - $3M (*Based on Loan Amount) 


  • Minimum Property Value: $150K** (** As-Completed Value) 


  • Credit Score: 650 Minimum 


  • Max. Allowed Loan Amount: As is - up to 75% 


  • ARV: up to 85% 


  • Leverage Based on Experience: Documented experience in the past three years 

COMMERCIAL

PRIVATE TYPES

PRIVATE TYPES

LOAN GUIDLINES


 KEY FEATURES: 


  •  Loan amounts up to 7.5MM 


  •  Up to 85% LTV


  • Nationwide financing 


  • First-time investors in commercial are welcome 


  • Min FICO 660 


  • Great for qualifying self-employed investors and small business owners 


PRIVATE TYPES

PRIVATE TYPES

PRIVATE TYPES

 




Apartment Complexes 


Multi-family 


Mixed use (Residential in nature)


 and more.. 

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