Purchasing rental property under $100k - I can't find a DSCR lender. Help!

Purchasing rental property under $100k - I can't find a DSCR lender. Help!

Hey Beau,
I've been calling DSCR lenders and everybody has a minimum of $100k with loan amount needing to be at least $75k. I'm buying properties using an equity line and renovating them. They're worth about $85k when I'm done.
Do you have any recommendations on getting these small cash flowing properties financed so I can scale up?
Thanks,
Elisa

Timestamps
[00:39] Beau’s team has a lender partner that does 23 states
[00:49] Do loan amounts as low as $30K
[01:05] It is very difficult to find a DSCR loan
[01:07] We have solutions for you in most of the states and do tiny acquisitions
[01:15] We can finance your deal on DSCR products and on bridge products as well
[01:27] Book a call at http://bookwithbeau.com/ for a 15-minute strategy call
[02:02] Not the cheapest money in town but a guaranteed solution for you

If you're struggling to find a DSCR lender for your small rental property under $100,000, help is here! Our lender partner can finance properties as low as $30,000 in 23 states through DSCR and bridge products. Additionally, you can take advantage of our SBA financing options, including 7A and 504 loans. To get started, simply book a call with one of our financing specialists. With over 20 years of experience in the lending industry, we're confident in our ability to help you find the solution you need.

If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

💥 Thanks for watching 💥
#HELOC #fixandflip #househacking

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

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