Financing options & DSCR Underwriting

[Brian Ellis]

Do they allow market/future rents to calculate? Or do they use current rents?

What ive been able to gather is that they will allow future rents if the place is vacant, and current rents if they are occupied.

Finally found an off-market deal and running into financing issues. I either need to bring the loan down by a bigger down payment which I dont have, or ask for seller financing. But I believe the bank may have an issue with seller carrying a second note in the form of a down payment?

Any help or suggestions would be appreciated.