Updated 3 days ago on . Most recent reply
DSCR loans...Does the property have to be inside a LLC?
Anyone with experience in the DSCR loan space, I would like to know if all DSCR lenders require the property to be inside a LLC. I got a quote from a Lender the other day, but they mentioned they can only do the loan with the property inside a LLC. I appreciate any and all information.
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Jack Tulloch
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Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Pro Member
#2 Mortgage Brokers & Lenders Contributor
- Lender
- Austin, TX
Shannon - No, not all lenders require DSCR loans to close in an LLC. I would recommend reaching out to a few to find a lender that best fits your needs.