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Updated about 1 year ago on . Most recent reply
Looking for a DSCR Lender for rural 10 SFR portfolio
Hello all,
I am looking for a loan on a portfolio of 10 rural SFR properties I am looking to get financed using a DSCR program with interest only. I have reached out to multiple DSCR lenders but was turned down because the portfolio is a rural part of the state. Does anyone know any DSCR lenders who lend in rural areas?
Looking for
New York City, New York
Most Popular Reply
Erik Estrada
#2 Private Lending & Conventional Mortgage Advice Contributor
Lender
#2 Private Lending & Conventional Mortgage Advice Contributor
- Lender
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Erik Estrada
#2 Private Lending & Conventional Mortgage Advice Contributor
Lender
#2 Private Lending & Conventional Mortgage Advice Contributor
- Lender
You can finance rural properties with a DSCR loan however you will need to make sure you meet the minimum value requirement. The lowest I have seen is $75k per property and a $55k min loan amount.
- Erik Estrada
- [email protected]
- 818-269-7983
LuxePrivate Investments LLC
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5.0 stars