Genesis Capital for Rhode Island investors
Genesis Capital (a Goldman Sachs portfolio company) operates on larger-scale residential investor lending with institutional underwriting.
Rhode Island context
Rhode Island triple-decker market. Strict landlord-tenant.
How Genesis Capital positions in Rhode Island
The Rhode Island lender pool for DSCR includes Genesis Capital among the active platforms. Rhode Island top metros (Providence, Warwick, Rhode Island) see meaningful Genesis Capital loan volume.
City-level coverage in Rhode Island
Genesis 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. Genesis Capital program terms apply uniformly across Rhode Island metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, rental, new-construction |
| Loan size | $100K - $7.5M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 75% of ARV |
| Term lengths | 12-24 months |
| Typical close time | 10-21 days typical |
| Rhode Island property tax | 1.5% |
| Rhode Island state income tax | 5.99% |
Genesis Capital strengths in Rhode Island
- large transaction capacity
- institutional-quality underwriting
Ideal borrower: Larger-scale investor with $1M+ deal sizes
FAQ
Yes, operates nationally including Rhode Island. Genesis Capital is based in Sherman Oaks, CA and operates nationally.
Providence is the top investor market in Rhode Island and falls within Genesis Capital national coverage. Providence property tax follows the Rhode Island state rate of 1.5 percent. Genesis 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 Genesis Capital. Submarket variation within Warwick matters for property selection.
Genesis 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 Genesis Capital program.
Genesis Capital indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
Rhode Island triple-decker market. Strict landlord-tenant. Genesis Capital follows standard business-purpose loan structures.
Genesis Capital funds fix-and-flip, bridge, rental, new-construction in Rhode Island.
Rhode Island allows standard DSCR prepay structures; Genesis Capital typically uses 3-5 year step down.
Genesis Capital typical close: 10-21 days typical.
Bottom line
For Rhode Island DSCR borrowers, Genesis Capital is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Genesis Capital.