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All Forum Posts by: Dan Aharon

Dan Aharon has started 1 posts and replied 2 times.

Creative Real Estate Financing

Post: DSCR loans for STR purchase in Florida

Dan AharonPosted
  • Posts 2
  • Votes 2
Quote from @Raymond J. Rodrigues:

@Dan Aharon, depending on your credit score, the rates should start in the 6’s. 


Thank you! Is that for STR loans or LTR DSCR loans?

Are you a lender or any particular lenders you'd recommend?

0 Votes
Creative Real Estate Financing

Post: DSCR loans for STR purchase in Florida

Dan AharonPosted
  • Posts 2
  • Votes 2

Hi folks! I am about to enter contract on a ~$800k SFH in the Miami metro area in Florida. Looking for DSCR loans, and I was wondering what experience people have had with them. Coverage would be close to 100%, depending on the interest rate and what rental revenue is assumed during the purchase. 20-25% down is fine. Has anyone done similar deals recently? Any good lenders to contact and/or what rates should I expect to find?

2 Votes