Asset-Based/DSCR Lending For New Investors

[Joel Rosa]

Hello,

I am an aspiring investor looking to acquire my first rental property. I am hoping to find reputable lenders who lend based on the asset, not the borrower. I do not have any credit which is something I know many debt service lenders require, but I was hoping it would be possible to get a loan for an investment property that would not be based on my income or credit. I have down payment money available, and if needed I can bring in a credit partner, but I would really love to try to do my first deal on my own. If anyone has any knowledge or experience regarding my situation, any insight would be extremely appreciated. Thanks.