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Updated almost 3 years ago on . Most recent reply

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Dave Tov
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From Canada looking for DSC loan for STR in florida.

Dave Tov
Posted

I am looking to purchase my first STR in Florida. I am interested in the DSC loan as it takes into account rental income potential. Any suggestions where to start looking and have any other foreign investors taken this approach to acquire real estate in the US?

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Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
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Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
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Quote from @Dave Tov:

I am looking to purchase my first STR in Florida. I am interested in the DSC loan as it takes into account rental income potential. Any suggestions where to start looking and have any other foreign investors taken this approach to acquire real estate in the US?


 Hey Dave, 

There is a Foreign National DSCR loan available. LTV is at 60-65% for Purchase.

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