All Forum Posts by: Jared Stone

Hi BP! First time poster here. Just submitted an offer on a 6-unit property in Birmingham, AL. All units are 2 bed 1 bath. Current rents average $450/m with market rents at $800/m without any renovation. Offer price $295k (subject to final pricing) with projected NOI at $35,500. I know that typical DSCR products are up to 4-units, but are there any lenders out there wiling to do a 6-unit DSCR loan? If not, what are other creative financing types that do not require income verification (or limited verification)? My FICO is over 800. Thanks!