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Updated 5 months ago on . Most recent reply
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When refinancing a rented property does it have to be serviced by a property manager?
Hi,
I am an out of state investor, currently rehabbing a property which I plan to rent out and refinance in a few months.
From what I was reading about refinancing requirements - seems like some of them require the property to be managed by a management company.
Can I self manage this property and still get a refinance? (I have boots on the ground in case needed)
Thanks
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Robin Simon
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Quote from @Yael Maroko:
Yes, I am referring to a DSCR loan.
OK, so this is something I need to ask the lender as part of my lender due diligence.
Nope, a property manager wouldn't be required as part of the DSCR Loan underwriting process