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Updated 12 months ago on . Most recent reply

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Kelsey Vander Meulen
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Recommended Lenders for small MFR investors

Kelsey Vander Meulen
Posted

Hi all,

My husband and I easily qualify for a conventional loan. We're looking to purchase a small MFR (2-3 units) in Tucson, AZ. We plan to put down 25-30%, and manage it as a midterm rental. Does anyone recommend any lenders?

Best,


kelsey 


  • Kelsey Vander Meulen
  • Most Popular Reply

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    River Sava
    #2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
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    River Sava
    #2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
    Replied

    Hi Kelsey,

    Have you looked into DSCR loans? If you are willing to put down a larger down payment it might make sense with the flexible underwriting they offer, especially if you are going to run it as a MTR.

  • River Sava
  • [email protected]
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