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Updated about 2 years ago on . Most recent reply

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DSCR Financing Recommendations

Matthew Schiefer
Posted

Hello all, 

I just purchased a duplex and will close in a few weeks. I used traditional financing (30 year fixed) on that deal. There are so many more deals out there. I am looking for recommendations and help with DSCR financing options. Do I need to use local options or are there better firms depending on the state you purchase in or the specific deal? Also, will DSCR work for both single family and multi-family?

I appreciate all the knowledge and wisdom this forum offers. Thank you in advance. 

Matt

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Eliott Elias
  • Investor
  • Austin, TX
5,557
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Most mortgage brokers have a DSCR products. What's going to differ are the points each one charges. A good mortgage broker will shop relentlessly for the best rates.

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