Pillar Capital Partners for Hawaii investors
Pillar Capital Partners runs both private money and DSCR rental products with a Midwest focus.
Hawaii context
Hawaii lowest property tax rate but highest acquisition prices. DSCR economics challenging. STR heavily restricted on Oahu and Maui. Foreign national investor activity strong.
How Pillar Capital Partners positions in Hawaii
For Hawaii specifically, Pillar Capital Partners fits investors who match the private money approach. The low cash flow profile of Hawaii aggregate makes it workable for Pillar Capital Partners.
City-level coverage in Hawaii
Pillar Capital Partners provides DSCR coverage across Hawaii metros including Honolulu, Hilo, and Hawaii. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Pillar Capital Partners program terms apply uniformly across Hawaii 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 |
| Hawaii property tax | 0.3% |
| Hawaii state income tax | 11% |
Pillar Capital Partners strengths in Hawaii
- Midwest focus
- experienced underwriting
- broad product suite
Ideal borrower: Mid-to-experienced investor in Chicago or Milwaukee
FAQ
Likely; verify direct Hawaii coverage. Pillar Capital Partners is based in Chicago, IL and operates in Chicago and Milwaukee metros.
Honolulu is the top investor market in Hawaii and is generally within Pillar Capital Partners Chicago and Milwaukee metros footprint. Honolulu property tax follows the Hawaii state rate of 0.3 percent. Pillar Capital Partners typically underwrites Honolulu acquisitions at standard rate sheets.
Yes. Hilo ranks among the larger Hawaii investor metros and sees consistent DSCR loan volume from Pillar Capital Partners. Submarket variation within Hilo matters for property selection.
Pillar Capital Partners applies the same rate sheet across Hawaii metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Honolulu, Hilo, and Hawaii 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.
Hawaii lowest property tax rate but highest acquisition prices. DSCR economics challenging. STR heavily restricted on Oahu and Maui. Foreign national investor activity strong. Pillar Capital Partners follows standard business-purpose loan structures.
Pillar Capital Partners funds fix-and-flip, rental, bridge, private notes in Hawaii.
Hawaii 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
For Hawaii DSCR borrowers, Pillar Capital Partners is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Pillar Capital Partners.