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Updated about 1 year ago on . Most recent reply

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Pete Johnson
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DSCR Loan Experience

Pete Johnson
Posted

I was checking to see if anyone has any experience with DSCR loans as a tool for multi-family properties(4plex on down). I would love to hear your experience and how it worked out.

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John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
2,710
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2,229
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John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
Replied

@Pete Johnson

I did 3 DSCR loans last year and they worked out great. And one was a bridge loan for a rehab then refinanced it 3 months later into a 30 year fixed with them. They all worked out great and they only asked me for my last 3 months bank statements. That's it! No W2, tax returns etc. Easiest and quickest loans I've ever done!

  • John Morgan
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