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Updated 4 months ago,
DSCR Lenders willing to take a second position
Good Evening BP members,
I am looking to take equity out of a very strong performing long term rental. I want to use a DSCR loan, but I see many DSCR lenders are not willing to take a second position when underwriting these types of loans. Has anyone had success finding a lender who would accommodate this? I've heard whispers that they are out there.
Thank you!