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User Stats

6
Posts
4
Votes
Joseph Khateri
  • Real Estate Agent
  • Fredericksburg, VA
4
Votes |
6
Posts

Looking for DSCR Lenders

Joseph Khateri
  • Real Estate Agent
  • Fredericksburg, VA
Posted

Hello all!

Currently looking for DSCR lenders for investment homes under $100k in the Cleveland area. Also willing to look at other loan options, the main issue is a lack of income. A downpayment and credit score aren't an issue. Feel free to send me a message here, email or DM on Instagram.

Thanks in advanced!

-Joseph

User Stats

960
Posts
1,269
Votes
Samuel Diouf#1 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus, OH
1,269
Votes |
960
Posts
Samuel Diouf#1 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus, OH
Replied

Hey Joseph,

I can send you some referrals. 

User Stats

4,173
Posts
4,147
Votes
Robin Simon
Pro Member
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,147
Votes |
4,173
Posts
Robin Simon
Pro Member
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

Hi - Easy Street Capital specializes in this - loan minimum of $75k however

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User Stats

6
Posts
4
Votes
Joseph Khateri
  • Real Estate Agent
  • Fredericksburg, VA
4
Votes |
6
Posts
Joseph Khateri
  • Real Estate Agent
  • Fredericksburg, VA
Replied
Quote from @Samuel Diouf:

Hey Joseph,

I can send you some referrals. 


 Send them my way! Thank you!

User Stats

50
Posts
6
Votes
Oliver Bernardo
Pro Member
  • Lender
  • Los Angeles, CA
6
Votes |
50
Posts
Oliver Bernardo
Pro Member
  • Lender
  • Los Angeles, CA
Replied

@Joseph Khateri PM Sent! Happy to help! 

RCD Capital Logo
Account Closed
  • Wimberley, TX
5
Votes |
28
Posts
Account Closed
  • Wimberley, TX
Replied

User Stats

112
Posts
20
Votes
Benjamin Krebs
  • Kansas City, MO
20
Votes |
112
Posts
Benjamin Krebs
  • Kansas City, MO
Replied

Hey Joseph, I'd love to see if we can help you out! 

Uplift Creative Solutions – Alpha Gator Funding

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User Stats

27,341
Posts
18,561
Votes
James Wise#1 Ask About A Real Estate Company Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
18,561
Votes |
27,341
Posts
James Wise#1 Ask About A Real Estate Company Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Quote from @Joseph Khateri:

Hello all!

Currently looking for DSCR lenders for investment homes under $100k in the Cleveland area. Also willing to look at other loan options, the main issue is a lack of income. A downpayment and credit score aren't an issue. Feel free to send me a message here, email or DM on Instagram.

Thanks in advanced!

-Joseph


 We've got several Cleveland lenders. CLICK HERE to speak to them.

User Stats

1,411
Posts
480
Votes
Devin Peterson
Lender
  • Lender
480
Votes |
1,411
Posts
Devin Peterson
Lender
  • Lender
Replied
Quote from @Joseph Khateri:

Hello all!

Currently looking for DSCR lenders for investment homes under $100k in the Cleveland area. Also willing to look at other loan options, the main issue is a lack of income. A downpayment and credit score aren't an issue. Feel free to send me a message here, email or DM on Instagram.

Thanks in advanced!

-Joseph


 Hi Joseph, 

The good news for you is that DSCR loans don't require any income at all! All you need is a strong DSCR, good credit, and your DP, closing costs, + reserves. Cleveland is a great market. The minimum sales price for a single DSCR asset is roughly $94,600 because the minimum loan amount is 75k.

User Stats

6
Posts
4
Votes
Joseph Khateri
  • Real Estate Agent
  • Fredericksburg, VA
4
Votes |
6
Posts
Joseph Khateri
  • Real Estate Agent
  • Fredericksburg, VA
Replied

Hi everyone, I believe I got all of the DSCR lenders I need. Thank you for your recommendations!