Florida · SFR Portfolio
Florida single family rental portfolio financing.
Bridge to buy or reposition a group of rental houses, renovation to bring them to standard, and DSCR to hold them. $1M to $5M across the portfolio, for US investors and investors based abroad on the same terms.
By David Hodara · ·
$1M-$5M
Loan range
80% LTV
DSCR hold
24-48h
Term sheet
~2 weeks
Clean-file close
Florida sfr portfolio market context
A portfolio file is usually several houses bought together, or an investor consolidating rentals bought one by one onto a single loan. When the houses need work, a bridge or renovation loan (up to 80% LTV and 90% of total cost respectively) carries them until they are leased; the hold is a DSCR loan at up to 80% LTV, qualified on the rent the houses produce.
In Florida the inputs that decide a portfolio's DSCR are insurance and property tax. Each house gets its own insurance quote, and since investment property has no homestead exemption, tax is underwritten on the post-purchase assessment rather than on the seller's bill.
Non-US investors hold Florida rental portfolios through a US LLC on the same terms as US investors, with no US credit history required.
Typical loan products for Florida sfr portfolio
Each deal gets routed to the product structure that fits. Most sfr portfolio deals in Florida use one of the following.
Bridge loans
Purchase, refinance or cash-out on residential investment property, interest-only, up to 80% LTV. Underwritten on the property and the exit rather than on tax returns.
Renovation loans
Value-add on a property you plan to keep: purchase and renovation budget in one facility, up to 90% of total cost, then a refinance once it rents.
DSCR loans
The hold or the exit: long-term financing qualified on the property's rent rather than personal income, up to 80% LTV.
Buying Florida sfr portfolio from outside the US
We finance sfr portfolio in Florida for investors based outside the United States as readily as for US borrowers. The loan is made to a US LLC rather than to an individual, which keeps it business-purpose, and the underwriting looks at the property rather than at a US credit profile a non-resident has no way to build.
That means no US credit history, no US income documents, no foreign-national rate premium, and no requirement to travel to the United States to close. If you do not yet have the entity, forming one is a step in the process rather than a prerequisite you have to solve alone.
Top Florida markets we actively fund
We work sfr portfolio deals across Florida, with deepest lender relationships in the metros below.
Florida sfr portfolio FAQ
Can several Florida rentals sit under one loan?
Yes. Underwriting looks at the combined rent and debt service of the group, within the $1M to $5M range, with the properties held in one US LLC.
What if some houses still need renovation?
They go on a bridge or renovation loan first, then into the DSCR loan once they are leased. Doing it in that order avoids qualifying a long-term loan on houses that do not yet produce rent.
How does insurance affect a Florida portfolio?
It is often the line that decides whether DSCR clears. We underwrite on current quotes for each property, not on renewals from a previous year.
What does the financing cost upfront?
Nothing. There are no upfront fees. Our fee is 1 to 2% of the loan, paid at closing, and the rate is set on the term sheet by leverage, the business plan and the sponsor's completed projects.
Can a foreign national finance sfr portfolio in Florida?
Yes. We lend to a US LLC rather than to an individual, and we underwrite the property rather than a US credit profile, so a non-resident with no US credit history and no US income documents borrows on the same terms a US investor receives. You do not have to travel to the United States to close.
Other Florida asset classes
Got a Florida sfr portfolio deal? Send it over.
Term sheet inside 48 hours, or a fast no so you can move on. Business-purpose investment property financing only.