Cogo Capital for Rhode Island investors
Cogo Capital operates a private capital pool with more flexible underwriting than institutional hard money. Higher rates reflect the flexibility.
Rhode Island context
Rhode Island triple-decker market. Strict landlord-tenant.
How Cogo Capital positions in Rhode Island
The Rhode Island lender pool for DSCR includes Cogo Capital among the active platforms. Rhode Island top metros (Providence, Warwick, Rhode Island) see meaningful Cogo Capital loan volume.
City-level coverage in Rhode Island
Cogo Capital provides DSCR coverage across Rhode Island metros including Providence, Warwick, and Rhode Island. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Cogo Capital program terms apply uniformly across Rhode Island metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $2.0M |
| Rates | 11%-14% |
| Points | 2 - 5 |
| Max LTV | 70% of ARV |
| Term lengths | 6-12 months |
| Typical close time | 7-14 days typical |
| Rhode Island property tax | 1.5% |
| Rhode Island state income tax | 5.99% |
Cogo Capital strengths in Rhode Island
- private capital pool
- flexible underwriting
Ideal borrower: Investor needing flexible private money for specific deal types
FAQ
Yes, operates nationally including Rhode Island. Cogo Capital is based in Coeur d'Alene, ID and operates nationally.
Providence is the top investor market in Rhode Island and falls within Cogo Capital national coverage. Providence property tax follows the Rhode Island state rate of 1.5 percent. Cogo Capital typically underwrites Providence acquisitions at standard rate sheets.
Yes. Warwick ranks among the larger Rhode Island investor metros and sees consistent DSCR loan volume from Cogo Capital. Submarket variation within Warwick matters for property selection.
Cogo Capital applies the same rate sheet across Rhode Island metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Providence, Warwick, and Rhode Island all qualify for the same Cogo Capital program.
Cogo Capital indicative DSCR rate range is 11 to 14 percent with 2 to 5 points.
Rhode Island triple-decker market. Strict landlord-tenant. Cogo Capital follows standard business-purpose loan structures.
Cogo Capital funds fix-and-flip, bridge, rental in Rhode Island.
Rhode Island allows standard DSCR prepay structures; Cogo Capital typically uses 3-5 year step down.
Cogo Capital typical close: 7-14 days typical.
Bottom line
Rhode Island investors considering Cogo Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Cogo Capital.