Need a DSCR lender ASAP, please help!
Hi all,
Ive come across a good deal I was hoping to put an offer in on tomorrow and am wanting to do a DSCR loan if possible. The property is in Kentucky and is less than $100k (I read this could cause some issues with some lenders). It's being sold under market value and I'd be walking into $30k+ in equity instantly. The DSCR ratio on this deal is around 2.0, potentially higher. Looking to connect with a lender who would be able to help me with this deal, if you or a lender you know could help me with this please reach out asap, if I don't answer tonight I will get back with you in the morning.
Thank you all for any help!