Question about DSCR Loans

[Charyl J.]

Hello friends,

I'm currently in the researching and getting my finances together phase for property #3. I want this property to be a small multifamily (2-3 units). One day on Facebook I saw someone mention a property they bought with a DSCR Loan. It was actually my first time hearing about a DSCR Loan. Does anyone here have experience using this type of loan, and can offer a little insight? Would I be able to look into this loan to purchase a small multifamily property?

As always, I appreciate any help anyone can give.

Thanks!

Charyl Jones