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Updated almost 2 years ago,
DSCR Lender on Columbus OH BRRRR
Hi BP,
I'm looking for help finding a lender that is still doing DSCR cash-out refi's on investment properties. Hoping to pull at least 75% (ideally 80%) of ARV out of the deal, and wondering what the rates are looking like in todays market. The property is in Columbus OH and here are the details:
Duplex
3 bed/2 bath per side
Purchase: 150K
Rehab:153KEstimated ARV: $425K
Rental income: $1695/side = $3390/month or $40,680/yearCurrently owned free and clear
Any advice/direction would be greatly appreciated! Thank you!
Looking for
Columbus, Ohio