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Updated over 1 year ago,
STR DSCR loan + seller finance
Hey everyone - has anyone used a STR DSCR loan with seller finance in second position? I've heard of this being used on multifamily deals, but wasn't sure if STR DSCR loan products typically allow this... and if not, if there are any creative (legal) ways around it
Example: 80% LTV DSCR + 10% seller financing + 10% down