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Updated almost 3 years ago,
Investment Property Lenders (DSCR / Non-QR / Cash Flow Loans)
I'm exploring the DSCR / Non-QR investment property lender market - i.e. the lenders who'll loan 30-year fixed money to investors, let you use an LLC to buy, don't cut you off at 10 loans, don't require personal income verification, etc.
There are a lot of new players and it's hard to tell who is legit without getting feedback from people actually borrowing from them.
If you've closed loans with any lenders recently, can you please share:
(1) name of the lender
(2) good/bad experience and why
(3) now that you've done a loan, what criteria are important in choosing this type of lender.
Thanks for your feedback!