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Updated 5 months ago on . Most recent reply
Are there other loan products out there that are asset based besides DSCR?
I'm looking at purchasing a rental in North Carolina, I have Excellent credit (800+) and money for the down payment.. BUT!!! Im self employed and my debt to income doesn't look good on paper. I got pre approved for DSCR From 2 different lenders but they're both mid 7's in interest. Does anyone know of a lender that is asset based that can get in the 6.9 range? Thanks for your help!
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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Pro Member
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- USA
Hi Jerry - I just made the move from Charlotte to Tampa. Very familiar with the market. Happy to connect with you to dicsuss further!