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Nicholas Devlin
  • Investor
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Sub $75k DSCR Lenders

Nicholas Devlin
  • Investor
Posted

Been searching for a while now and have had no luck. Are there any $50-60k minimum loan amount lenders?

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Replied

Hi Nicholas,

I recently closed on a duplex in Cleveland Ohio with a DSCR loan amount of $72k. Where are you looking to buy? There are very few lenders willing to do below $100k, the ones that do it offer a slight higher interest rate.

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