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Updated over 1 year ago,

User Stats

57
Posts
53
Votes
Lore Postman
  • Rental Property Investor
  • Charlotte, NC
53
Votes |
57
Posts

DSCR lender for North Carolina property

Lore Postman
  • Rental Property Investor
  • Charlotte, NC
Posted

I'm searching for a DSCR or similar lender for a North Carolina BRRRR. Will be ready by end of this year. If you're a lender or have recent experience with one, would you mind providing the following information to help me narrow my search (plus other thread followers may find your answers insightful).

- What do you require for your DSCR loans? (i.e. documentation, landlord experience, credit scores above x, net worth above $xxx)

- Do your loans have pre-payment penalties?

- What do your closing costs include? (i.e. points, appraisal, etc.)

Thanks in advance for sharing your contact info and these few details. 

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