Financing Sub $100k loans

[Patrick Zepeda]

Hi all!

I have been looking at properties (BRRRR and rentals) in Ohio, and want to finance / refinance with a DSCR loan as I ionly want to invest as an LLC. Problem here is, DSCR loans have a minimum loan amount of $100k, and most of these properties are sub $100k with 75% LTV. How do you all finance long term loans for these kind of properties?

Thank you!

[Remington Lyman]

Quote from @Patrick Zepeda:

Hi all!

I have been looking at properties (BRRRR and rentals) in Ohio, and want to finance / refinance with a DSCR loan as I ionly want to invest as an LLC. Problem here is, DSCR loans have a minimum loan amount of $100k, and most of these properties are sub $100k with 75% LTV. How do you all finance long term loans for these kind of properties?

Thank you!

 I can refer you to some lenders in Ohio that will go lower