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Updated about 2 years ago on . Most recent reply

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Portfolio financing options

Brett Longobucco
Posted

Hello BP community. I am about tapped out with conventional loans as I have 3 properties worth over one million total currently mortgaged against my name. I was Wondering what other finance options are out there that will be an option as i look to at least double my portfolio in the coming years. Anyone specific you would recommend. I am located and purchasing in the northeast. Appreciate your input

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Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
  • Lender
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Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
  • Lender
Replied

Hey Brett, 

Have you looked into DSCR loans? These loans do not factor DTI and qualify based on rents covering the mortgage payment.

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