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Updated over 1 year ago on . Most recent reply

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Ann Watkins
  • Real Estate Broker
  • Houston, TX
110
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186
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Looking to do my first DSCR...ABL LLC ?

Ann Watkins
  • Real Estate Broker
  • Houston, TX
Posted

Hi All,

I'm looking to do my first DSCR. I've reached out to ABL LLC and have their numbers. I saw a bad experience post here and one comment. Anyone else have any experience with them you'd like to share? I own the property free and clear, my credit scores are low 800s, property is currently vacant. Last tenant was on housing and rents were under market. I just re-listed it for $1,900. Not interested in selling at this time.

Most Popular Reply

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4,576
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,421
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4,576
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Ann Watkins:

Hi All,

I'm looking to do my first DSCR. I've reached out to ABL LLC and have their numbers. I saw a bad experience post here and one comment. Anyone else have any experience with them you'd like to share? I own the property free and clear, my credit scores are low 800s, property is currently vacant. Last tenant was on housing and rents were under market. I just re-listed it for $1,900. Not interested in selling at this time.

If you are just starting out with a first DSCR Loan and want a more hands-on experience from the lender - maybe it makes sense to go with someone local in Houston? I think ABL is a solid lender but I believe they are more Northeast focused

  • Robin Simon
  • [email protected]
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