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Updated almost 4 years ago on . Most recent reply

Reuel Li's profile image
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Reuel Li
  • Rental Property Investor
  • from Amarillo, TX
  • Member since Oct 26, 2015
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Reuel Li's profile image
Reuel Li's profile image
Reuel Li
  • Rental Property Investor
  • from Amarillo, TX
  • Member since Oct 26, 2015
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Reuel Li
  • Rental Property Investor
  • Amarillo, TX
1
Votes |
3
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Private Lending & Conventional Mortgage Advice

6 unit property.....

Reuel Li
  • Rental Property Investor
  • Amarillo, TX
Posted

Looking at a six unit property should I get a loan from the bank or find a private investor?

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Nick Belsky's profile image
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Nick Belsky
  • from Residential and Commercial Broker
  • Member since May 3, 2021
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Nick Belsky
  • from Residential and Commercial Broker
  • Member since May 3, 2021
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Nick Belsky
  • Residential and Commercial Broker
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Nick Belsky
  • Residential and Commercial Broker
Replied

@Reuel Li

I am a mortgage broker and I have a lender whom can do a DSCR loan on up to 8 units in Texas. Max 70% LTV. Rates are running just under 7% at par, could be lower based on your profile. I can get you more details. Thanks!

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