Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

15
Posts
3
Votes
Hong Yang
3
Votes |
15
Posts

Looking for DSCR lender but I have no experience

Hong Yang
Posted

I'm trying to finance a $150,000 duplex in Buffalo with a gross rent of $2000 per month at 75% LTV. I've talked with several lenders and most want previous experience (owns home and investment property), which I have neither. New Silver did give pre approval, but I would like to have more than one lending option. I have about $65k in cash and a 720 credit score, so I should check most of the other boxes. I am also a Canadian with an F-1 Visa, which lenders don't seem to mind. I also make $50k annually from employment and a graduate research stipend.

Do you have any recommendations for lenders?

Loading replies...