Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 11 months ago,

User Stats

27
Posts
19
Votes
Matthew Tyson
Pro Member
  • Investor
  • San Antonio, TX
19
Votes |
27
Posts

No Seasoning DSCR Options?

Matthew Tyson
Pro Member
  • Investor
  • San Antonio, TX
Posted

As the title reads, I am looking for a DSCR lender with no seasoning requirement (if possible). I purchased a rental property just over 30 days ago with cash, and already have a tenant in place. Looking to pull capital out to move onto other projects I have in the pipeline. Also interested in entertaining funding for those if possible. I am familiar with delayed financing, but would like to pull more than 80% of purchase price out if possible. 

• Property is located in San Antonio Texas. 

• Purchased for $120k. All in around $127.5k. 

• Insurance @ $860/year. 

• Property Tax @ $2,950/year. 

• No HOA.

• 12 month lease in place as of 10/1 @ $1,395/Month.

Thank You!

  • Matthew Tyson
  • Loading replies...