Looking for DSCR loan (6.75% or lower) for Atlanta, Nashville or Indianapolis
Any recommendations? My plan is to purchase 3 to 4 new construction single family homes or 3 to 4 new construction townhomes, ideally in the Atlanta area. They may end up being under an HOA. I'm selling a property to do a 1031 exchange and this money will be the downpayment for the purchase of a new construction triplex or fourplex.
If I can't find this kind of rate or lower, I have another option, but it's in Texas and has high property taxes, which I would prefer to avoid.
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You can’t create new rates in a market where rates are higher. The only way you can get that low is by buying the rate down.