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Updated over 2 years ago on . Most recent reply
From Canada looking for DSC loan for STR in florida.
I am looking to purchase my first STR in Florida. I am interested in the DSC loan as it takes into account rental income potential. Any suggestions where to start looking and have any other foreign investors taken this approach to acquire real estate in the US?
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Erik Estrada
#1 Mortgage Brokers & Lenders Contributor
Lender
#1 Mortgage Brokers & Lenders Contributor
- Lender
Quote from @Dave Tov:
I am looking to purchase my first STR in Florida. I am interested in the DSC loan as it takes into account rental income potential. Any suggestions where to start looking and have any other foreign investors taken this approach to acquire real estate in the US?
Hey Dave,
There is a Foreign National DSCR loan available. LTV is at 60-65% for Purchase.
- Erik Estrada
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- 818-269-7983
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