Updated almost 2 years ago on . Most recent reply
Looking for Realtors in Louisville to find houses within 1% rule
Hi,
I am a Buy and Hold investor planning to build a portfolio of SFRs and small MFRs in Louisville, KY. I am working with a lender who can get me DSCR loans with 20% down and 1.2 ratio. That means, only 80% of the rent will be considered to qualify against the Debt+Tax cost.
Looking for Investor friendly Realtors who can help identify such houses. Given the high DSCR requirement, these houses will be close to the 1% rule. Is there a way i can see the market value, beds/bath and estimated rent in a list form across all the available properties.
Also, can we get off market properties as well since their Market Value will be bit lower and hence a lower mortgage amount to qualify. If there are online tools that can provide this information, it would be ideal. For now, I have been struggling with different websites to get Estimated rent for each property and that limits on how many houses and that is proving to be very inefficient.
Most Popular Reply
Good morning, I am an investor and realtor in Louisville. I work with a lot of out of state investors. Id be happy to connect and help you get connected to some off-market deals as well.