Rental property Financing options
Hey everyone,
I’m a new investor and new to the forums, looking to invest in small multi family.
My problem is that I recently purchased a home together with two other co-signers, so to get approved for a conventional loan I will have to go through all three of our debt to income ratios which isn’t quite feasible.
I'm looking into debt service loans (or DSCR) that don't look into your personal finances but rather focus solely on the property's income. I came across equinox financing which looks good, and loan guys which has negative reviews. Anyone with experience in such loans that can offer information, Or other financing advise for my situation would be much appreciated.
Thanks!!