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Updated about 19 hours ago on . Most recent reply

User Stats

7
Posts
5
Votes
Mike Kirby
  • Rental Property Investor
  • New Braunfels, TX
5
Votes |
7
Posts

Minimum Sq ft for DSCR Loan?

Mike Kirby
  • Rental Property Investor
  • New Braunfels, TX
Posted

We have a 552 sq ft cabin on the river that is bringing in about $24K rents as a short term rental. Are there any lenders that will do a loan on that small of a property? It will appraise approximately $300,000 and currently has no debt. 

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