Is it even possible to get DSCR loan?

[Tzvi Keisar]

Hi experts,

I'm a beginner investor looking to purchase properties under an LLC. Is it even possible for me to get a DSCR loan? Or is my only option a conventional loan?

Anyone can recommend a lender for DSCR or even conventional loan who will be willing for the property's title to be under an LLC?

Looking for properties in the Lansing - Detroit areas. Loan will be for ~80% LTV of ~$100k property.

Thanks!

[Patrick Drury]

@Tzvi Keisar
I am seeing 75% LTV across the board in Columbus unless you pay a higher rate/ points. Also, there's no reason to make a DSCR rate any higher. You can use a DSCR lender to close in an LLC.