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Updated over 1 year ago on . Most recent reply

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19
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11
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Zachary Crosby
  • Attorney
  • New York
11
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19
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DSCR Lending in Detroit, MI

Zachary Crosby
  • Attorney
  • New York
Posted

Hello:

I am looking for a DSCR lender for a single family acquisition in the $100k-$150k range. Unique layered LLC structure with multiple members owning the "parent" entity. NO hard credit inquiries. Personal guaranty is okay; however, not having the guaranty show up on personal DTI is a MUST.

Zachary

Most Popular Reply

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38
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14
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Conor Deasy
  • Real Estate Consultant
  • Connecticut
14
Votes |
38
Posts
Conor Deasy
  • Real Estate Consultant
  • Connecticut
Replied

Hi @Zachary Crosby, the loan showing up on credit isn't an issue as long as you use the business entity to close. And loans through the business entity will not show up on your personal DTI. If you'd like to submit this deal (2 minutes or less) we can give your our best terms/rate: https://forms.gle/dycUDDb1KXFWp7Vp8

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