Looking for Lender, DSCR Loan Quotes

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Looking for Lender, DSCR Loan Quotes

Member since 2023 · 6 posts · 0 votes

Good morning, I am doing a 1031 exchange from 1 STR to 2-3 SFH LTR and looking for lenders for DSCR loan quotes servicing Yorktown and Newport News VA areas. Purchase prices will be 200-350k for each property with LTV's around 60-70%. Excellent credit.

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Zachary Crosby

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

23h

Grant, I'll send you a PM. I have an excellent lender contact.

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Zachary Crosby
Attorney · NY · Member since 2023 · 22 posts · 12 votes
23h
Grant, I'll send you a PM. I have an excellent lender contact.
1 Reply
Zachary Crosby
Attorney · NY · Member since 2023 · 22 posts · 12 votes
22h
Just sent a connection request. Will send PM when accepted.
0 Reply
Claudia Hawkins
Member since 2026 · 6 posts · 1 vote
22h
Are you available for a phone call today ?
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- Grant DodgePro Member
  OP
  Member since 2023 · 6 posts · 0 votes
  22h
  Yes send your number and I’ll give you a call.
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- Claudia Hawkins
  Member since 2026 · 6 posts · 1 vote
  21h
  @Grant Dodge Send me a connection request
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Renard BrownPro Member
Austin, TX · Member since 2026 · 38 posts · 5 votes
22h
@Grant Dodge
Hey Grant, this is exactly what we handle. We have network access to over 7,000 lenders nationwide, so I can shop your scenario around. Happy to connect and learn more!
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Austin GoetzBusiness Member
Lender · Minneapolis, MN · Member since 2026 · 26 posts · 8 votes
21h
Hey Grant, happy to pull in some options for you. Feel free to message me or give me a call.
[email protected]952-797-2007
Magnolia Bank
Website View Page
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AJ ExnerPro Member
Lender · Springfield, MO · Member since 2023 · 654 posts · 315 votes
21h
Hey Grant,

I think you'll be getting alot of 'feedback' on this one. Make sure to ask whoever you talk to if they can process them as both a 'multi-pack' (simultaneously, yet separate) or if they are planning on doing it as a portfolio (under one note)
It can make a big difference when it comes to ordering appraisals, underwriting guidelines, and even DSCR requirements where if one becomes a bit of a 'lemon' as you move along, that the others don't get hung up and your 1031 becomes at risk. Plus, it will also affect how you write up the purchase contract(s).
Good luck!
[email protected]417-427-2612
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- Grant DodgePro Member
  OP
  Member since 2023 · 6 posts · 0 votes
  20h
  Yes agreed, I don't want to lump them together. Would like them to be independent for maximum flexibility especially with the 1031 process/timeline.
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Devin PetersonBusiness Member
Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 667 votes
20h
Lots of great options available, pick an investment specific broker who can help you shave lender fees and costs!
[email protected]860-538-3672
ProAlpha Capital56 Reviews
Website View Page
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Robin SimonBusiness Member
Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
20h
Happy to help as well!
[email protected]
Harpoon Capital514 Reviews
Website View Page
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Darren KurilkoPro Member
Lender · Venice, FL · Member since 2025 · 19 posts · 0 votes
19h
How soon did you need to close?
Best,
Darren Kurilko
SizzleCapitalGroup.com
DarrenFundsStartups.com
941-800-8534 call/text
Venice, Florida
"We specialize in impossible situations."
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Dan Duenas
Lender · Member since 2026 · 20 posts · 8 votes
18h
Grant — at 60-70% LTV with excellent credit, you're in the easiest part of the DSCR world. Almost any DSCR lender will take that deal. The stuff that actually matters for you:
1. DSCR qualifies off the property's rent, not your income — no tax returns, no W-2s, no pay stubs. That matters on a 1031 where you're picking up 2-3 at once, because stacking purchases doesn't blow up your personal DTI the way conventional does.
2. Each property gets its own loan — no cross-collateralization — so you can stagger closings around your exchange timeline.
3. Ask any lender how they handle the rent number up front (lease vs. appraiser's market rent) before you pay for appraisals. On fresh purchases with market leases it's usually the lease, but confirm it.
One heads-up on my end: my minimum loan amount is $125k, so on a $200k purchase at 60% LTV ($120k loan) that one's just under my line — at 65-70% LTV it fits. The $300-350k ones fit at any of your LTV targets.
Happy to run your numbers — Dan
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Adam Crum
Lender · Martinsburg, WV · Member since 2026 · 3 posts · 1 vote
18h
Hey Grant, just sent you a connection request. I work for CCM, we have our own in-house DSCR and other Non-QM products. Hit me up if you still need help.
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Ryan Blindt
Huntington Beach, CA · Member since 2026 · 4 posts · 0 votes
8h
With excellent credit and 60 to 70 percent LTV, you're in the best DSCR pricing tiers. What will move your quotes most is loan size, the prepayment penalty, and how each property's rent covers its payment. At 200K to 350K prices, your loans will be roughly 120K to 245K. Some DSCR lenders have minimum loan amounts or charge more on smaller loans, so ask about that up front. Give every lender the same scenario: rate, points, prepay structure, and DSCR based on the appraiser's rent schedule, so you can compare quotes directly. For the 1031, line up financing before you identify properties, because the 45 day identification and 180 day close windows go fast. Many DSCR lenders also want you to close in an LLC. A single member LLC is usually treated as the same taxpayer for 1031 purposes, but confirm the vesting with your QI and CPA before the closing docs are drawn. Also ask whether they'll do separate loans or a blanket loan. Separate loans keep each property easier to sell or refinance on its own later. I'm happy to connect and take this for you as well
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