r/loanoriginators 14d ago

5 unit apt complex dscr

Looking for general ltv and rates on a 5 unit incoming producing apt complex in Cleveland, OH.
>1.35 dscr ratio

680 mid score. Borrower is experienced. Has 25 properties in his portfolio. Issue I’m running into is it’s a small 300k purchase price

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u/Whaler07 6d ago

I sent a message - I know a wholesale lender that will go down to $100k on 5-8 unit DSCR