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Updated almost 3 years ago on . Most recent reply

Ihor Kucheynyk's profile image
Ihor Kucheynyk's profile image
Ihor Kucheynyk
  • Investor
  • from Panama City, FL
  • Member since Dec 15, 2015
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Ihor Kucheynyk's profile image
Ihor Kucheynyk's profile image
Ihor Kucheynyk
  • Investor
  • from Panama City, FL
  • Member since Dec 15, 2015
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Ihor Kucheynyk
  • Investor
  • Panama City, FL
1
Votes |
10
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Creative Real Estate Financing

Looking for quick financing

Ihor Kucheynyk
  • Investor
  • Panama City, FL
Posted

Hey BP community

I'm looking for a DSCR loan, I'm negotiating a great deal in the prime location, which I believe is under market value, the lender needs to be able to appraise the deal in house as traditional appraisals are taking too long and not gonna work in this case

Will apreciate any help

Tallahassee, Florida
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Issac San Miguel's profile image
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Issac San Miguel
  • Lender
  • from Austin Texas
  • Member since May 13, 2022
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Issac San Miguel's profile image
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Issac San Miguel
  • Lender
  • from Austin Texas
  • Member since May 13, 2022
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Issac San Miguel
  • Lender
  • Austin Texas
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Issac San Miguel
  • Lender
  • Austin Texas
Replied

You aren't going to find quick and DSCR in the same category.

The underwriting that is done takes a while.

In this case, if you wanted to go quickly - I would suggest a purchase bridge, and then roll into a dscr loan.

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