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Updated about 3 years ago on . Most recent reply

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Luke Maas
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Lenders in KC

Luke Maas
Posted

Anyone have any general information on how to look for a good lender, or any they’ve worked with in the KC area for rental investments?

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Mark Munson
  • Lender
  • Orlando, FL
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Mark Munson
  • Lender
  • Orlando, FL
Replied

If you qualify for conventional/traditional financing, then I'd go that route. In the event you don't, then a DSCR loan is your best option. The down payment is 20%, max leverage is 80% LTV on a purchase with most DSCR loans.

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