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Updated over 2 years ago,
Natalie Gelbke-MattisPoster
Property Manager
Pro Member
- Rental Property Investor
- Cleveland Ohio
- 6
- Votes |
- 20
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Asset based loans for investment purchase with no rental hstory
Are there Asset based loans (DSCR loans) available for purchase of an investment property that does NOT have a previous rental history. The property is located in a tourist area and is lakefront, but seller had as their 2nd home. If this is possible, what lenders would entertain this deal?