Seeking Mortgage Options for Fourth Property in Boston/Cambridge Area

[Tomas Maira-Litran]

I'm an expat with a good salary paid in euros, already owning three properties in the Boston area and holding two mortgages. I'm looking to finance a fourth property. I have no W-2 income and have been advised to consider DSCR no-ratio loans, but current rates are in the low 9% range, which seems high. Are there any other mortgage options available for someone in my situation?

[River Sava]

Hi Tomas,

DSCR would be a great option considering they are based primarily off of the property not the borrower. No DTI/income evaluation/W-2 requirement. Happy to chat with you further about this and send you some recommendations. Also, I grew up right outside of Boston so I'd love to connect regardless.