Bridge Acquisition: $5.8M Multifamily, 75% LTC, 1.05 DSCR (Dallas, TX)

Good morning NeuFinance community, Preston Wade here from Wade Capital Group. I'm currently working on a bridge acquisition for a 62-unit multifamily property in Dallas, TX, and I'm looking for lender insights or direct placements. My client is under contract for $5.8M. The property is currently 82% occupied, but has significant upside through light value-add renovations (unit turns, common area refresh) and bringing rents to market. Our pro forma shows stabilization at 95% occupancy within 12-18 months. We're seeking 75% LTC, which is $4.35M. The current in-place DSCR is tight at 0.92x, but our underwritten 90-day DSCR is 1.05x, factoring in immediate rent bumps on vacant units and a conservative 10% capex reserve. Sponsor has strong multifamily experience in the DFW market, with three successful exits in the past four years, all hitting projected returns. Their liquidity is solid at 12% of the loan amount, with net worth exceeding the loan. Key challenges: The seller is looking for a 45-day close, and while we have a solid appraisal coming in, the low in-place DSCR is the primary hurdle for some traditional bridge lenders. We're targeting a 24-month term with a 12-month extension option. Looking for lenders comfortable with a slightly lower initial DSCR given the clear value-add strategy and strong sponsor. Any recommendations for lenders active in the Dallas market with this profile would be greatly appreciated. Thanks in advance for your input.