Looking for a lender who can do DSCR loan

[Renee Ren]

I'm looking for properties to BRRR in LA county or Orange County with my partner. She is able to get conventional loan in the beginning but sooner or later, we'll need to do DSCR loan if we want to keep buying properties. I'm trying to use "find a lender", however, it asked for detailed questions like property address and loan details. We don't have any properties under contract yet. I'd like to have all the info then go out looking for properties. Please give me some referrals. Thank you.

[Brandon Beardt]

Quote from @Renee Ren:

I'm looking for properties to BRRR in LA county or Orange County with my partner. She is able to get conventional loan in the beginning but sooner or later, we'll need to do DSCR loan if we want to keep buying properties. I'm trying to use "find a lender", however, it asked for detailed questions like property address and loan details. We don't have any properties under contract yet. I'd like to have all the info then go out looking for properties. Please give me some referrals. Thank you.

 Hi Renee,

That's great you're looking to BRRRR local in LA/Orange County. Keep in mind, the higher property value/loan amount could cause DSCR qualification issues, especially at higher leverage. However, if the #'s work out, that's great. Make sure to work with someone who can run the #'s for you to confirm the DSCR can work. Best of luck.