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19
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11
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Zachary Crosby
  • Attorney
  • NY
11
Votes |
19
Posts

DSCR Lending in Detroit, MI

Zachary Crosby
  • Attorney
  • NY
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

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38
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14
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Conor Deasy
  • Real Estate Consultant
  • CT
14
Votes |
38
Posts
Conor Deasy
  • Real Estate Consultant
  • CT
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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