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Updated 10 months ago on . Most recent reply

User Stats

13
Posts
2
Votes
MJ Richlands
2
Votes |
13
Posts

rural DSCR lenders for NC

MJ Richlands
Posted

been having a tough time finding a DSCR for whats considered "rural" in NC.

credit is good enough. 

70% LTV would be just over 100k

dscr ratio over 1 with current tenants in place

ideally no reserve requirements

ppp up to 5 if rate under 9%

can anyone help me find a lender that can handle this??

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