ROC Capital for South Dakota investors
ROC Capital is a Wall Street-backed national non-QM lender with broad product coverage.
South Dakota context
South Dakota no state income tax. Strong LLC privacy. Rapid City STR (Mount Rushmore).
How ROC Capital positions in South Dakota
The South Dakota lender pool for DSCR includes ROC Capital among the active platforms. South Dakota top metros (Sioux Falls, Rapid City, South Dakota) see meaningful ROC Capital loan volume.
City-level coverage in South Dakota
ROC 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. ROC 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, BRRRR, rental, bridge, new-construction |
| Loan size | $75K - $5.0M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
| South Dakota property tax | 1.2% |
| South Dakota state income tax | None |
ROC Capital strengths in South Dakota
- Wall Street-backed
- broad product suite
- experienced team
Ideal borrower: Mid-to-experienced investor
FAQ
Yes, operates nationally including South Dakota. ROC Capital is based in New York, NY and operates nationally.
Sioux Falls is the top investor market in South Dakota and falls within ROC Capital national coverage. Sioux Falls property tax follows the South Dakota state rate of 1.2 percent. ROC 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 ROC Capital. Submarket variation within Rapid City matters for property selection.
ROC 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 ROC Capital program.
ROC 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). ROC Capital follows standard business-purpose loan structures.
ROC Capital funds fix-and-flip, BRRRR, rental, bridge, new-construction in South Dakota.
South Dakota allows standard DSCR prepay structures; ROC Capital typically uses 3-5 year step down.
ROC Capital typical close: 10-21 days typical.
Bottom line
ROC Capital in South Dakota works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with ROC Capital.