Does anyone do a DSCR loan for a single property under $100K?

[Iris Olivas]

Hello!

I am wondering if anyone out there knows or does DSCR loans for a single property selling for under $100K? I have my eye on two properties. One is a 4-plex for $165K with good cashflow (CoC ~16%). There is another property that looks very good too, selling for $85K, turnkey, that would be about 16-18% CoC. I would love to be able to bundle them into 1 loan, but have not found a lender who can loan on a single property under $100k, even when bundled with the other one. Does anyone have any leads or insight on how I might be able to acquire both properties? I have enough down payment and can get a DSCR for the 4 plex, but would not be able to swing the other, even by itself. Thanks for your help!

[Santosh Bhor]

Hi This post is old but if any one of you can share if you got lenders that can finance less than 100K?