Need Dscr Blanket Wholesale Lender

[Matthew Wolk]

Any recommendations for DSCR wholesale lenders that will do a blanket loan on 7 properties ranging from 85,000 - 240,000. Total value 850,000, DSCR ratio over 1.25, 2 duplexes and 5 single families. Please let me know if anyone can do this.

[Erik Estrada]

Quote from @Matthew Wolk:

Any recommendations for DSCR wholesale lenders that will do a blanket loan on 7 properties ranging from 85,000 - 240,000. Total value 850,000, DSCR ratio over 1.25, 2 duplexes and 5 single families. Please let me know if anyone can do this.

 Hey Matthew, 

There are several lenders that can do this. But they are usually not a strict wholesale lender where they do not have a retail shop. 

From the top of my head, you can do this with Lima One, Easy Street, Kiavi, and other big box lenders. They are just more strict on the DSCR if you are trying to finance them on a portfolio. The properties below $100k will be difficult to finance on a portfolio since most lenders are valuing each asset individually (not the entire portfolio)

You may want to try a local commercial bank first to see if they are able to value the entire portfolio, not individually.