Private Money or DSCR Lenders

[Austin Schubert]

Any lenders in St. Louis? 

[Sasha Mohammed]

Hey Austin, 

Both could work. Private money by definition is private, you can negotiate whatever terms you could negotiate, however, i would encourage you to make sure you trust your PM lender if you go this route. there are a lot of scammers and scumbags out there. 

DSCR through a traditional lender should work as well, and you'll get a bit more standardized terms. As @AJ Exner suggested, keep an eye on loan minimums. this could be your hurdle in St. Louis specifically, depending on your price point.