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Updated 20 days ago on . Most recent reply

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Michael Kopay
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First-time homebuyer looking to purchase (2) SFR properties currently rented

Michael Kopay
Posted

I'm searching for a broker/lender who will lend to a first-time homebuyer that is looking to purchase (2) SFR's that are currently rented out (section 8) in Michigan. Purchase price for each home is less than $75K. Please reply or DM me.

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Drew Sygit
#5 All Forums Contributor
  • Property Manager
  • Royal Oak, MI
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Drew Sygit
#5 All Forums Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Michael Kopay most mortgage brokers will do this if you qualify for a FNMA-type mortgage.

Most DSCR lenders have minimim LOAN amounts of $75k.

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Logical Property Management.
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