90% CLTV STR Loan (DSCR ) or (Conventional Investment Loan + Piggyback HELOC?)

[Alfredo Guerra]

Hello,

I am looking to acquire a 4-8 unit property in the $1.3-$1.8M range (as a STR investment).

The property is an SRO that would not be covered by a conforming residential mortgage.

Key figures:

- Credit Score ~800

- Could qualify with my income or simply on property cashflow

- First-time homebuyer

- Several years of documented STR experience

- Looking for a 10% down option (some have suggested a piggyback HELOC + conventional investment or DSCR)

- Willing to pay for a higher rate in order to get the higher CLTV

- DSCR above 1.5

Is this possible?