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Robin Simon#1 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
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Best Columbus DSCR Loans: Easy Street Capital - DSCR Rates Starting at 5.99%!

Robin Simon#1 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Posted May 1 2024, 06:45

Why is Easy Street Capital the BEST DSCR Lender for real estate investors in Columbus, Ohio?!

👉EASY Qualification!

✅No DTI (Debt-To-Income) Requirement
✅No Tax Returns Required
✅No Income Verification

👉Flexible Structure

✅ Borrow through an LLC, individually or with Partners
✅Invest in High-End Properties, >5X higher limits vs. conventional ($3.5M vs. $647k 2022 max loan amount)
✅No Concentration Limits (Conventional - Freddie/Fannie - hard limit at 10 loans)

👉Industry Leading Rates and Terms

✅Rates Starting at 5.99%
✅30-Year Fixed Rate Terms (10 Years Interest Only Available)
✅Multifamily and Mixed Use up to 10 units

👉Most Aggressive Min/Max Metrics

✅No Minimum DSCR (sub 1.00x OK)
✅620 Minimum FICO
✅Up to 80.0% LTV

👉BEST for Short Term Rental Investors

✅ Qualify with AirDNA Projections
✅Up to 80.0% LTVs (only 20% down on purchases)
✅Tertiary / Vacation Markets OK

👉BEST for BRRRR Investors

✅ Close in 48 Hours no Appraisal Required (beat Cash Offers)
✅ Up to 100% of your investment returned in as little as 3 months
✅Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

Ready to Get Started or Learn More about investing in real estate in New Jersey?
DM Me and lets talk!

DSCR Loans Guide 2023: Everything You Need to Know About DSCR Loans!

Featured BiggerPockets Blog Articles on DSCR Loans!

DSCR Loans: What Are They And How To Get The Best Terms

https://www.biggerpockets.com/...

DSCR Loans: How To Use Pro Strategies To Save More And Make More

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Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

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12 Frequently Asked Questions (And Answers) About DSCR Loans

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8 More Commonly Asked Questions and Answers to DSCR Loans

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What Documents Do You Need for a DSCR Loan?

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BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?

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Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

https://www.biggerpockets.com/blog/short-term-rental-loans-a...

DSCR / Private Lender Glossary - Terms To Know

https://www.biggerpockets.com/blog/dscr-loans-terms-to-know

What’s Next For DSCR Loans? Updates For 2024 and Beyond

https://www.biggerpockets.com/blog/what-is-coming-in-2024-fo...

QUICK DSCR WEB APP:

https://www.easystreetcap.com/...

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Columbus, Ohio

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Robert Ellis
Pro Member
  • Developer
  • Columbus, OH
1,459
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2,773
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Robert Ellis
Pro Member
  • Developer
  • Columbus, OH
Replied May 1 2024, 16:47

what's the unit max on this and asset value max? does this apply to commercial properties or just 1-4? 

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Zach Edelman
  • Lender
  • Austin, TX
1,181
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1,106
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Zach Edelman
  • Lender
  • Austin, TX
Replied May 2 2024, 05:08
Quote from @Robert Ellis:

what's the unit max on this and asset value max? does this apply to commercial properties or just 1-4? 

Robert:
- Unit max is 10
- Asset value doesn’t technically have a max although max loan amount is $3.5M.
- This applies to 1-4 units, condo’s, condotels, and 5-10 unit multifamily properties!

Let me know if you have any other questions!

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User Stats

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Robin Simon#1 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
3,477
Votes |
3,471
Posts
Robin Simon#1 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Replied May 2 2024, 05:12
Quote from @Robert Ellis:

what's the unit max on this and asset value max? does this apply to commercial properties or just 1-4? 


 Also - do you know any really good investor-friendly agents and property managers for residential/small multifamily in the Columbus area you would recommend?

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2,773
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1,459
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Robert Ellis
Pro Member
  • Developer
  • Columbus, OH
1,459
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2,773
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Robert Ellis
Pro Member
  • Developer
  • Columbus, OH
Replied May 2 2024, 05:17
Quote from @Robin Simon:
Quote from @Robert Ellis:

what's the unit max on this and asset value max? does this apply to commercial properties or just 1-4? 


 Also - do you know any really good investor-friendly agents and property managers for residential/small multifamily in the Columbus area you would recommend?


 we do ground up in Columbus 'm working with Zach right now on a deal. he's working with the credit committee. we broker deals and do ground up. property management in columbus I'd recommend heart and home realty