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Updated almost 2 years ago on . Most recent reply

Michael Stokes's profile image
Michael Stokes's profile image
Michael Stokes
  • Rental Property Investor
  • from Winter Garden, FL
  • Member since Sep 29, 2013
  • Posts 46
  • Votes 22
  • Experience 6 Yrs
  • Investments 6
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Michael Stokes's profile image
Michael Stokes's profile image
Michael Stokes
  • Rental Property Investor
  • from Winter Garden, FL
  • Member since Sep 29, 2013
  • Posts 46
  • Votes 22
  • Experience 6 Yrs
  • Investments 6
Connect
Michael Stokes
  • Rental Property Investor
  • Winter Garden, FL
22
Votes |
46
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Classifieds

Investment Loan Rates/Options for Missouri 4 Family

Michael Stokes
  • Rental Property Investor
  • Winter Garden, FL
Posted

Hello everyone, I am looking for lenders that have investment loans under 8% on a 4 family with 20% down in Missouri.  The loan can be conventional or other option.  Happy to provide any other details that may be helpful.

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Devin Peterson's profile image
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Devin Peterson
  • Lender
  • from Sarasota, FL
  • Member since Oct 17, 2022
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Devin Peterson's profile image
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Devin Peterson
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  • from Sarasota, FL
  • Member since Oct 17, 2022
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Devin Peterson
  • Lender
  • Sarasota, FL
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Devin Peterson
  • Lender
  • Sarasota, FL
Replied

Michael, I believe your best bet may be a DSCR loan. This will allow you to purchase the investment property with 20% down and get a rate in the range you are seeking. A lot easier process than conventional underwriting. I would recommend seeking out an investor-focused broker/lender.

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