Let's jump on a call and talk about DSCR Loans: calendly.com/jeff-trevarthen/15-min-call
@davkarl25Ай бұрын
Thank you, Jeff, for your informative content.
@JefftheMortgageProАй бұрын
You're welcome.
@lifewithsunice4055Ай бұрын
Can you use DSCR for section 8 investments
@JefftheMortgageProАй бұрын
Yes absolutely! It happens all the time. 😀
@JefftheMortgagePro2 ай бұрын
Usually 70-75% max. There is some 80% available, but rates are higher.
@neerajchaudhary18212 ай бұрын
Great videos btw, I expect to be buying something small next year as a test project.
@JefftheMortgagePro2 ай бұрын
Good luck! Happy to help if you need me.
@neerajchaudhary18212 ай бұрын
What LTV are you seeing on DSCR cash out, assuming it qualifies? Can it get to 80%?
@dicurvinha2 ай бұрын
Hey Jeff, great information as always. I’m under contract now with a 2 unit town house, and I ran into an issue. The appraisal survey came out too low, at $1,900 per unit, and the lender is not willing to go with the original pre approval. One unit will be vacant at closing, and the other has a lease until May 2025. One is being rented for $1,600 and the other $1,575, so the lender wants to do the loan based on the current rent value of $3,175. The thing is o own several properties on the same town, and I know I can rent each for $2,600. Anyway you could help? Thanks