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Jonathan Klemm
Pro Member
  • Contractor
  • Chicago, IL
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DSCR Lender - Chicago - (2) units in Grand Crossing

Jonathan Klemm
Pro Member
  • Contractor
  • Chicago, IL
ModeratorPosted Mar 29 2023, 08:54

Hey Chicago real estate friends!

I am looking for a refinance loan at 80% LTV or higher with a lender that will use the income approach (aka DSCR loan) on (2) 2-units. Both buildings are fully occupied with great section 8 tenants.

Any local or out-of Illinois lenders that would be a good fit?  I am less concerned with interest rate and more concerned with money left in the deal.

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