Pillar Capital Partners for Minnesota investors
Pillar Capital Partners runs both private money and DSCR rental products with a Midwest focus.
Minnesota context
Minnesota stable Midwest market. Twin Cities dominant. Minneapolis rent stabilization (2023) affects city proper.
How Pillar Capital Partners positions in Minnesota
The Minnesota lender pool for DSCR includes Pillar Capital Partners among the active platforms. Minnesota top metros (Minneapolis, St. Paul, Rochester) see meaningful Pillar Capital Partners loan volume.
City-level coverage in Minnesota
Pillar Capital Partners provides DSCR coverage across Minnesota metros including Minneapolis, St. Paul, and Rochester. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Pillar Capital Partners program terms apply uniformly across Minnesota 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 |
| Minnesota property tax | 1.1% |
| Minnesota state income tax | 9.85% |
Pillar Capital Partners strengths in Minnesota
- Midwest focus
- experienced underwriting
- broad product suite
Ideal borrower: Mid-to-experienced investor in Chicago or Milwaukee
FAQ
Likely; verify direct Minnesota coverage. Pillar Capital Partners is based in Chicago, IL and operates in Chicago and Milwaukee metros.
Minneapolis is the top investor market in Minnesota and is generally within Pillar Capital Partners Chicago and Milwaukee metros footprint. Minneapolis property tax follows the Minnesota state rate of 1.1 percent. Pillar Capital Partners typically underwrites Minneapolis acquisitions at standard rate sheets.
Yes. St. Paul ranks among the larger Minnesota investor metros and sees consistent DSCR loan volume from Pillar Capital Partners. Submarket variation within St. Paul matters for property selection.
Pillar Capital Partners applies the same rate sheet across Minnesota metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Minneapolis, St. Paul, and Rochester 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.
Minnesota stable Midwest market. Twin Cities dominant. Minneapolis rent stabilization (2023) affects city proper. Pillar Capital Partners follows standard business-purpose loan structures.
Pillar Capital Partners funds fix-and-flip, rental, bridge, private notes in Minnesota.
Minnesota 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 Minnesota 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.