Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 over 1 year ago on . Most recent reply

User Stats

186
Posts
110
Votes
Ann Watkins
  • Real Estate Broker
  • Houston, TX
110
Votes |
186
Posts

Looking to do my first DSCR...ABL LLC ?

Ann Watkins
  • Real Estate Broker
  • Houston, TX
Posted

Hi All,

I'm looking to do my first DSCR. I've reached out to ABL LLC and have their numbers. I saw a bad experience post here and one comment. Anyone else have any experience with them you'd like to share? I own the property free and clear, my credit scores are low 800s, property is currently vacant. Last tenant was on housing and rents were under market. I just re-listed it for $1,900. Not interested in selling at this time.

Most Popular Reply

User Stats

4,576
Posts
4,414
Votes
Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,414
Votes |
4,576
Posts
Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Ann Watkins:

Hi All,

I'm looking to do my first DSCR. I've reached out to ABL LLC and have their numbers. I saw a bad experience post here and one comment. Anyone else have any experience with them you'd like to share? I own the property free and clear, my credit scores are low 800s, property is currently vacant. Last tenant was on housing and rents were under market. I just re-listed it for $1,900. Not interested in selling at this time.

If you are just starting out with a first DSCR Loan and want a more hands-on experience from the lender - maybe it makes sense to go with someone local in Houston? I think ABL is a solid lender but I believe they are more Northeast focused

  • Robin Simon
  • [email protected]
  • Loading replies...