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Updated 3 months ago on . Most recent reply

Kristie McCleary's profile image
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Kristie McCleary
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Buying & Selling Real Estate

Can I use a DSCR on a Quadplex?

Kristie McCleary
Posted

Good morning, 

I am considering purchasing a quadplex that is in Commercial zoning. I am curious if I can use a DSCR loan on such a small apartment building? I know the cost associated with a DSCR is much higher than with a Conventional loan but the commercial zoning may be problematic for Conventional. I would appreciate any advice as this would be my first quadplex purchase.

Ann Arbor, Michigan
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Brandon Croucier
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  • from Newport Beach, CA
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Brandon Croucier
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  • from Newport Beach, CA
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Brandon Croucier
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  • Newport Beach, CA
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Brandon Croucier
  • Lender
  • Newport Beach, CA
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If it's a 1-4 unit, you will get good pricing using a DSCR loan!

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