All Forum Posts by: Zach Edelman

@Elizabeth Perez contact me at eight four seven- four seven one - six three eight four. I am an LO at a DSCR lender known as Easy Street Capital. I do lending for refinances (both rate-term and cash-out) and acquisitions for cash-flowing residential investment properties like the one you are describing above. We don't do any income verification or tax verification, so you being self employed is not remotely issue. Looking forward to hearing from you.

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Hammond, Indiana

Quote from @Lincoln Glemaker:

My wife and I are purchasing a 3rd home. We used a conventional previously, house hacked and moved out after 6 months and repeated process except the 2nd home we used a VA loan. We are still required to live in our current home due to VA stipulations. We have another single family home we are wanting to purchase as a rental but are not sure how to finance it. We do not have enough money for a 20-25% down payment. Sale price if the home is $250,000. Any help much appreciated!

@Lincoln Glemaker contact me at eight four seven- four seven one - six three eight four. I am an LO at a DSCR lender known as Easy Street Capital. Our maximum LTV on purchases is 80%, and our minimum loan amount is $100K, so I can for sure help with the situation you are describing. Looking forward to hearing from you!

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Quote from @Kevin O'Brien:

Hey all,

got a bit of sticker shock at 6.7% 30 year fixed with 5 year pre payment penalty. Prior loan was done literally a month ago at 5.5% and 3 year pre payment. Is 6.7% really market rate now? Plenty of experience already, great credit and property cash flows fantastically. I was hoping for like 6%.

@Kevin O'Brien What's your FICO? I work for a DSCR Lender and we're seeing rates in low-mid 6's.

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All Forum Posts by: Zach Edelman

Zach Edelman has started 18 posts and replied 1203 times.

Post: Loans for self employed?

Post: Help to find financing for single family investment rental

Post: 6.7% 30 year fixed DSCR loan