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Updated over 2 years ago,
Foreign Investor loan options
From Canada and looking loan options to purchase STR in Orlando area. I have a house with mortgage in Canada so I am concerned I may not be approved for a second mortgage despite it being a rental. Can anyone give me some advice about loan types in my circumstance? I know DSCR is an option but that comes with higher loan rates and more down payment required (think I am correct in that assumption). Thanks.