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All Forum Posts by: Christan Cosgrove

Christan Cosgrove has started 1 posts and replied 1 times.

Post: Looking for DSCR lender to close in around 10 days w/o experience requirement

Christan Cosgrove
Pro Member
Posted
  • Posts 1
  • Votes 0

Looking for a lender to do a DSCR with a quick close; I previously owned property but not within the past three years.

House sold at $234K, already put 20% down, willing to put more down to qualify or get a better rate.

It's a turnkey two-unit, renovated in 2019, and comes mostly furnished. 

We're planning on doing furnished medium-term rentals and anticipate rents around $1700/unit.

Was using a different lender but they required more recent experience, have a closing date of 09/20 we want to meet.