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Updated 6 months ago on . Most recent reply

User Stats

30
Posts
16
Votes
Joel Matthews
  • Rental Property Investor
16
Votes |
30
Posts

Lending Inquiry for BRRRR

Joel Matthews
  • Rental Property Investor
Posted

Hi, 
I am fairly sure one of my properties will not produce enough rent to cover the PITI.

As I’ll need to refinance in the next few weeks, any lending packages I can leverage? 

Thanks,

Most Popular Reply

User Stats

11
Posts
15
Votes
John Wade
15
Votes |
11
Posts
John Wade
Replied

Hi Joel, if a conventional refinance is not an option there may be a less than 1.00 ratio DSCR product that would work. There is usually an LTV restriction, but not always. Feel free to reach out to discuss.

  • John Wade

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