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Updated over 2 years ago on . Most recent reply
is there an alternative to dscr
I would love to usa a dscr however my rental property is considered to rural in a small town in Missouri. is there any other options? trying to remove property from personal credit to business. thanks everyone
Most Popular Reply
Erik Estrada
#4 Mortgage Brokers & Lenders Contributor
Lender
#4 Mortgage Brokers & Lenders Contributor
- Lender
Quote from @Ryan Havens:
I would love to usa a dscr however my rental property is considered to rural in a small town in Missouri. is there any other options? trying to remove property from personal credit to business. thanks everyone
Why do you need a no DSCR option? Are market rents low?
Going local might be a smarter move. There are plenty of hard money and DSCR options that lend in rural areas, but the LTVs are restricted.
- Erik Estrada
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LuxePrivate Investments LLC
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