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Jerry Calhoun
  • Rental Property Investor
  • Pigeon Forge, TN
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DSCR Loan with Owner Carried Second

Jerry Calhoun
  • Rental Property Investor
  • Pigeon Forge, TN
Posted

Does anyone have experience or know of someone who was able to obtain a DSCR loan with the seller carrying a second mortgage? I'm having trouble finding a lender who will do this.

Thanks much in advance...

  • Jerry Calhoun
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    Devin Peterson
    • Lender
    • Sarasota, FL
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    Devin Peterson
    • Lender
    • Sarasota, FL
    Replied
    Quote from @Jerry Calhoun:

    Does anyone have experience or know of someone who was able to obtain a DSCR loan with the seller carrying a second mortgage? I'm having trouble finding a lender who will do this.

    Thanks much in advance...

    Local commercial banks most likely - where is the property located?
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    ProAlpha Capital
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