DSCR Lending in Detroit, MI

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DSCR Lending in Detroit, MI

Zachary Crosby
Attorney · NY · Member since 2023 · 22 posts · 12 votes

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

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Conor Deasy
Real Estate Consultant · CT · Member since 2017 · 38 posts · 14 votes
1y

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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  • Devin PetersonBusiness Member
    Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 676 votes
    1y

    Happy to connect

    [email protected]860-538-3672
    ProAlpha Capital55 Reviews
    WebsiteView Page
    1Reply
  • Conor Deasy
    Real Estate Consultant · CT · Member since 2017 · 38 posts · 14 votes
    1y

    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

    1Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y
    Quote from @Zachary Crosby:

    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

     Hi Zachary, 

    You will need to work with a true business purpose only DSCR lender that does not report mortgages on credit. There are a handful of them. The next challenge is the hard inquiry. There are a few lenders that do soft inquiries for DSCR loans, however depending on how many members there are in the LLC and if the PG owns more than 21% of the borrowing entity and has a FICO above 660, will determine whether or not you will qualify for the loan. Layered entities are OK, however most DSCR lenders generally do not lend to irrevocable trusts and non-profits. If it's a series LLC only a couple of lenders will allow this entity structure.

    [email protected]818-269-7983
    LuxePrivate Investments LLC 570 Reviews
    WebsiteView Page
    1Reply
  • Terry Savage
    Member since 2025 · 37 posts · 3 votes
    1y

    Love to assist, let's connect!

    Terry Savage
    +1 406 261 0325
    [email protected]
    https://tlsfunding.com/

    1Reply
  • Mark Wright
    Member since 2024 · 97 posts · 13 votes
    1y
    Quote from @Zachary Crosby:

    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


     Hello Zachary, 

    I would love to discuss more about your deal so we can help. Let's connect! 

    1Reply
  • Lauri Carl
    Member since 2025 · 2 posts · 0 votes
    1y

    I may be able to help, let's connect!

    0Reply
  • Kenneth Malloy
    Lender · Houston, TX · Member since 2024 · 85 posts · 8 votes
    1y

    Hi @Zachary Crosby, Let's connect

    0Reply
  • Charlene Livers
    Virginia Beach, VA 23452 · Member since 2024 · 88 posts · 14 votes
    1y

    Are you still looking for a lender? 

    0Reply
  • Leslie Nunn
    Member since 2025 · 68 posts · 6 votes
    1y
    Quote from @Zachary Crosby:

    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


     Working on any new deals? 

    0Reply
  • Judah Zuckerman
    Member since 2025 · 56 posts · 4 votes
    1y

    Hi Zachary,

    We are Nationwide Direct Lenders and have a very competitive DSCR program

    Let's connect

    0Reply
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