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Updated 7 months ago on . Most recent reply

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DSCR lender in/for DFW rental portfolio

Posted

I am looking for a DSCR lender for a portfolio of 7 small SFR here in the DFW metroplex.

Would be looking for 1% origination.  

Purchase price is $1.3mm w/ down payment of $325k. =975k loan 

6 of the 7 homes have renters in place.  Cumulative cash flow fully occupied is $13,030. 

DSCR between 1-1.25% criteria suitability from lender.

Close 25 days

If are a lender and can meet or beat this criteria with certainty please lmk and I can start sending over the information.   

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