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Updated almost 4 years ago,
2.0+ Debt Service Coverage Ratio
I have a deal I am working on purchasing and the DSCR ( Debt Service Coverage Ratio) is through the roof. The CAP is over 12% as is and with some upgrade I can get it to 15%+.
I need some direction on good lenders out there and possibly some equity JV partners as well. If anyone has advice I am welcoming it all. Thanks so much.
-Steve