Need Dscr Blanket Wholesale Lender

Pittsburgh, Pennsylvania
Mortgage Brokers & Lenders
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Need Dscr Blanket Wholesale Lender

Matthew Wolk
Member since 2025 · 2 posts · 1 vote

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.

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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
1y
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. 

[email protected]818-269-7983
LuxePrivate Investments LLC 572 Reviews
WebsiteView Page
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  • Scott Stayvas
    Lender · Member since 2024 · 9 posts · 2 votes
    1y

    Thanks Matt - Yes @Matthew Wolk please give me a call when you can, I can do blanket loans.

    0Reply
    • Matthew Wolk
      OP
      Member since 2025 · 2 posts · 1 vote
      1y
      Quote from @Scott Stayvas:

      Thanks Matt - Yes @Matthew Wolk please give me a call when you can, I can do blanket loans.


       My apologies I should have clarified, I am looking for a wholesale lender.  Are you a wholesale lender by chance?

      0Reply
  • Scott Stayvas
    Lender · Member since 2024 · 9 posts · 2 votes
    1y

    I am a mortgage broker with access to wholesale lenders. Are you the borrower on the deal or you're a mortgage broker as well?

    0Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y
    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. 

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    1Reply
  • Zach Berry
    Lender · Pittsburgh, PA · Member since 2024 · 63 posts · 20 votes
    1y

    Matthew - I'm local to Pittsburgh and see a lot of portfolio deals like this. It's a solid scenario. Feel free to give me a shout if you'd like to take a swing at this together!

    0Reply
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