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Updated almost 2 years ago on . Most recent reply

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Andrew Hinspater
4
Votes |
9
Posts

Good 30 Year DSCR Lenders Under 100K

Andrew Hinspater
Posted

Is anyone aware of any good 30 year DSCR programs that will fund 80% of ARV, have no seasoning requirements, offer cash out? I've found Lima Capital, but they have a seasoning period behind them. At the end of the day, if I need to wait for seasoning, it won't be the end of the world, but it would be nice to not have to stick in a hard money loan for 3 months+! Thank you for any help and advice!

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Replied

Hey Andrew. Where is the property located? Are you planning on it being a super quick flip and don't want to pay the rates on a bridge loan? Would like to know more about the scenario.

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