Genesis Capital for South Dakota investors
Genesis Capital (a Goldman Sachs portfolio company) operates on larger-scale residential investor lending with institutional underwriting.
South Dakota context
South Dakota no state income tax. Strong LLC privacy. Rapid City STR (Mount Rushmore).
How Genesis Capital positions in South Dakota
Within South Dakota, Genesis Capital competes alongside other DSCR lenders. Genesis Capital strengths: large transaction capacity, institutional-quality underwriting. The medium aggregate DSCR economics of South Dakota create demand for Genesis Capital programs in Sioux Falls and Rapid City particularly.
City-level coverage in South Dakota
Genesis Capital provides DSCR coverage across South Dakota metros including Sioux Falls, Rapid City, and South Dakota. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Genesis Capital program terms apply uniformly across South Dakota 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 |
| South Dakota property tax | 1.2% |
| South Dakota state income tax | None |
Genesis Capital strengths in South Dakota
- large transaction capacity
- institutional-quality underwriting
Ideal borrower: Larger-scale investor with $1M+ deal sizes
FAQ
Yes, operates nationally including South Dakota. Genesis Capital is based in Sherman Oaks, CA and operates nationally.
Sioux Falls is the top investor market in South Dakota and falls within Genesis Capital national coverage. Sioux Falls property tax follows the South Dakota state rate of 1.2 percent. Genesis Capital typically underwrites Sioux Falls acquisitions at standard rate sheets.
Yes. Rapid City ranks among the larger South Dakota investor metros and sees consistent DSCR loan volume from Genesis Capital. Submarket variation within Rapid City matters for property selection.
Genesis Capital applies the same rate sheet across South Dakota metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Sioux Falls, Rapid City, and South Dakota 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.
South Dakota no state income tax. Strong LLC privacy. Rapid City STR (Mount Rushmore). Genesis Capital follows standard business-purpose loan structures.
Genesis Capital funds fix-and-flip, bridge, rental, new-construction in South Dakota.
South Dakota allows standard DSCR prepay structures; Genesis Capital typically uses 3-5 year step down.
Genesis Capital typical close: 10-21 days typical.
Bottom line
South Dakota investors considering Genesis Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Genesis Capital.