All Forum Posts by: Aaron Lathan

I can help you with that if you still need someone. 

This is out in West Texas but I have a local lender that financed $48,000 on a $58,000 property for me a month ago. DSCR was about 1.8% though.

 In the same boat in St Louis.  Were you able to find something? Did Jesse Holsapple work out?

We can go as low as 55k funded after dp. At that point though it isn't as much about the value as it is about the livable condition. But we can. Always happy to chat.

There is also a way to do it with more than one property at once. You would have to find a lender that allows cross collateralization of the properties on DSCR loans and you would have to do a few at a time.

Just a thought. 

Haven't used them, but so far I only know of one lender that goes down to $50k in some instances. Most are $75k-$100k+

talk to the commercial department... they typically don't have limits.

He’s a him. Lol

Yes, I’ve used them before. My experience was pretty good.