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Updated 5 months ago, 08/06/2024

Carol Burns's profile image
Carol Burns's profile image
Carol Burns
  • Member since Sep 11, 2018
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56
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14
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Carol Burns's profile image
Carol Burns's profile image
Carol Burns
  • Member since Sep 11, 2018
Connect
Carol Burns
14
Votes |
56
Posts
General Real Estate Investing

dcsr loan for sfr

Carol Burns
Posted

I am looking at a sfr.   Purchase price $240,000, rehab of $40,000, probably worth 320000 after rehab.  Looking to rent out for $2100/month.   Does a dcsr loan cover the rehab?   280,000 after rehab, 20 percent down, so would be financing 224,000.   And what are the rates now for dcsr loans?  How do I go about finding a lender?   TIA

Charlotte, North Carolina
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