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Updated over 1 year ago on . Most recent reply

DSCR Loan recommendations
Hello all, out-of-state investor looking to invest in Cleveland, OH. I am a new graduate and do not have two years of income for a traditional loan. I am looking to borrow ~$90k. I have enough for the downpayment + reserves, good credit, etc, but I might have to hunt for a new lender. I previously understood that I should apply for a product that was offered that best suited my needs. However, I believe I am now told that the minimum lending amount is much higher than initially explained.
If I have to find a new one, does anyone have any suggested DSCR lenders?
Thank you!
Most Popular Reply

I used @Nick Belsky for a DSCR Loan I got for my Rental in Dayton that was under $100k.
He did amazing and helped me with so many items by reaching out to my other team members and getting the information he needed to close the loan quickly.
- Cliff Benner
