No Primary Residence DSCR Lenders

[Richard Griswold]

Hello everyone, I'm looking to invest in single family and small multi family units in Columbia and am looking for DSCR lenders that do not require ownership of a primary residence. My wife and I are stationed in the Washington DC area, where a condo costs over 300k and a house starts at 600k, so buying a personal residence is of no interest to us.

Thank you all for your help! 

[Robin Simon]

Quote from @Richard Griswold:

Hello everyone, I'm looking to invest in single family and small multi family units in Columbia and am looking for DSCR lenders that do not require ownership of a primary residence. My wife and I are stationed in the Washington DC area, where a condo costs over 300k and a house starts at 600k, so buying a personal residence is of no interest to us.

Thank you all for your help! 

A lot of DSCR lenders have prohibitions or limits on "first time investors" or renters but there are a handful that it would not be a problem