Illinois (IL) · Closed Deal Tombstones

Illinois (IL) Funded DSCR & Commercial Deal Tombstones

Representative business-purpose real estate investment loans structured in Illinois (IL) under Illinois's Judicial (Illinois Mortgage Foreclosure Law) statutory framework (210–300 days days) through Loan Daddy LLC (NMLS #2827624).

2–4 Unit Small Multifamily17-Day Close

$390,000 — Chicago, IL

75% LTV · 0.88x (No-Ratio Shelf) · BRRRR Rate/Term Exit · Holding LLC

Placed on a dedicated sub-1.00x No-Ratio wholesale DSCR shelf to unlock value-add rent upside.

SFR Rental (1–4u)14-Day Close

$290,000 — Aurora, IL

80% LTV · 1.28x (Form 1007) · Acquisition · Single-Purpose LLC

Underwritten solely on Form 1007 market rent schedule with zero personal DTI or tax returns.

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Illinois (IL) Funded DSCR & Private Loan Tombstones | Stephen R. Mannenbach | Stephen Mannenbach