DCSR loans for "rural" area

Boise, Idaho
Creative Real Estate Financing
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DCSR loans for "rural" area

Kerry Lofy
Member since 2022 · 2 posts · 1 vote

Has anyone had experience securing a portfolio DSCR loan in an area classified as "rural"?

I'm having trouble finding a lender willing to work with me. The market is technically rural, but it's a small town with strong demand for both real estate and rentals.

Any lender recommendations or tips would be appreciated—thanks!

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  • David OjoPro Member
    MD · Member since 2024 · 58 posts · 26 votes
    1y

    Hey Kerry! Where is the market and what is the loan amount? I think Kiavi has a wide range of products that may accommodate your needs.

    0Reply
  • Kerry Lofy
    OP
    Member since 2022 · 2 posts · 1 vote
    1y

    Located north on Boise, ID

    $600k

    Thanks I will look into Kiavi.

    0Reply
    • Scott WolfPro Member
      Lender · Boca Raton, FL · Member since 2014 · 1k+ posts · 958 votes
      1y
      Quote from @Kerry Lofy:

      Located north on Boise, ID

      $600k

      Thanks I will look into Kiavi.


       Hi Kerry,

      We may be able to get it done.  I'll send a DM.

      0Reply
  • Zach Edelman
    Lender · New York, NY · Member since 2022 · 1k+ posts · 1k+ votes
    1y

    We do rural loans frequently! Would love to chat. 

    0Reply
  • Bobby FeinmanBusiness Member
    Lender · VA Beach, VA · Member since 2019 · 932 posts · 93 votes
    1y

    @Kerry Lofy

    Kerry - we love funding rural properties. Happy to assist!!

    Bobby

    [email protected]757-222-5937
    0Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    4d

    Hey Kerry,

    It will require a specialized DSCR lender to obtain financing at optimal terms. Happy to chat!

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    0Reply
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