Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 about 16 hours ago,

User Stats

1
Posts
1
Votes
Dane Reinhart
1
Votes |
1
Posts

Income Based / DSCR Refinance Loan - 80%+ LTV

Dane Reinhart
Posted

Hello all - 

I purchased a triplex in Phoenix back in August using a combination of hard money and seller debt. The property was purchased vacant and has since been leased at 20%+ rent increases (vs. last in-place).

I am looking to refinance the purchase loans into a lower interest rate loan. The property's income is very high, so I'm looking for something DSCR-based at the highest leverage supportable by the cash flow.

Are there any lenders who you can recommend that would be open to a 80% LTV or higher refinance, assuming the income clears the necessary DSCR thresholds?

 

Loading replies...