DSCR With 15% down

[Stephanie Pulido]

Looking to establish a preferred lender relationship. Please reach out if you offer 15% down on DSCR under $100k purchase price in rural areas of NC.

[Zach Edelman]

Most DSCR lenders are at 20% down, and I regardless of if a specific DSCR lender can do 20% down versus 15% down for a max LTV acquisition, I would think none of which would be able to execute at max LTV if the property appraises as "rural." Additionally, some lenders can't execute at their max LTV when they are in certain loan amount buckets, (i.e if loan amount is sub $100K, can only do 20% down on purchase vs. 15%). I would maybe expand your property search to more suburban markets or seek gift funds to afford a large DP.