#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Charlotte, NC
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Best North Carolina Small Multifamily (5-10 Units) Lender - Easy Street Capital
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Charlotte, NC
Why is Easy Street Capital the best Lender for North Carolina Multifamily DSCR Loans??
👉Borrower-Friendly Terms vs. Banks!
âś…30-Year Fixed Rate Debt (1st 10 Years IO Available)
âś…Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
âś…1.15x DSCR Minimum (DSCR only takes into account tax and insurance expense!)
👉EASY Qualification!
âś…640 Minimum FICO Score (Partners/LLCs OK)
âś…No PCR or Phase 1 Required
âś…No Tax Returns / No Income Verification
👉Ultimate Flexibility
âś…Short Term Rentals / Unleased Properties OK!
âś…Available in 46 States, Rural Markets OK (up to 65% LTV)
âś…Full Spectrum of Prepayment Provisions, No Lockout Period!
5-Minute Web App for Multifamily DSCR Loans!
Free Article: Multifamily DSCR Loans: New Loan Option for Real Estate Investors