Pillar Capital Partners for Florida investors
Pillar Capital Partners runs both private money and DSCR rental products with a Midwest focus.
Florida context
Florida no state income tax. Strong investor activity statewide. Hurricane insurance is material cost. STR market huge — Orlando area, Florida Keys, panhandle beaches.
How Pillar Capital Partners positions in Florida
Florida is well covered by national DSCR lenders, with Pillar Capital Partners as one option. Where Pillar Capital Partners differentiates: Midwest focus. Where it competes: rates 10 to 12.5 percent against peer programs.
City-level coverage in Florida
Pillar Capital Partners provides DSCR coverage across Florida metros including Miami, Tampa, and Orlando. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Pillar Capital Partners program terms apply uniformly across Florida metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, rental, bridge, private notes |
| Loan size | $75K - $2.5M |
| Rates | 10%-12.5% |
| Points | 1.5 - 3 |
| Max LTV | 70% of ARV |
| Term lengths | 6-18 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
| Florida property tax | 0.9% |
| Florida state income tax | None |
Pillar Capital Partners strengths in Florida
- Midwest focus
- experienced underwriting
- broad product suite
Ideal borrower: Mid-to-experienced investor in Chicago or Milwaukee
FAQ
Likely; verify direct Florida coverage. Pillar Capital Partners is based in Chicago, IL and operates in Chicago and Milwaukee metros.
Miami is the top investor market in Florida and is generally within Pillar Capital Partners Chicago and Milwaukee metros footprint. Miami property tax follows the Florida state rate of 0.9 percent. Pillar Capital Partners typically underwrites Miami acquisitions at standard rate sheets.
Yes. Tampa ranks among the larger Florida investor metros and sees consistent DSCR loan volume from Pillar Capital Partners. Submarket variation within Tampa matters for property selection.
Pillar Capital Partners applies the same rate sheet across Florida metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Miami, Tampa, and Orlando all qualify for the same Pillar Capital Partners program.
Pillar Capital Partners indicative DSCR rate range is 10 to 12.5 percent with 1.5 to 3 points.
Florida no state income tax. Strong investor activity statewide. Hurricane insurance is material cost. STR market huge — Orlando area, Florida Keys, panhandle beaches. Pillar Capital Partners follows standard business-purpose loan structures.
Pillar Capital Partners funds fix-and-flip, rental, bridge, private notes in Florida.
Florida allows standard DSCR prepay structures; Pillar Capital Partners typically uses 3-5 year step down.
Pillar Capital Partners typical close: 7-14 days typical.
Bottom line
Pillar Capital Partners in Florida works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Pillar Capital Partners.