Premium Only Content
Financing a Non-Warrantable Condo [DSCR Loan Options]
Financing a Non-Warrantable Condo [DSCR Loan Options]
Hi Beau,
I am in contract for a condo unit. I was preapproved for a loan but when the lender found out it was a non-warrantable condo, they said they couldn't do the loan and they rescinded the preapproval.
Can you explain to me if there are any financing options?
I was buying this as a short-term rental investment property.
Thanks,
Kevin
Timestamps
[00:28] What does non-warrantable condo mean?
[00:44] Reasons why it would be considered a non-warrantable condo
[01:25] There are non-QM lenders that do DSCR loans that you can get finance
[01:31] Condo versus a single-family home
[02:00] Are non-warrantable condominiums financeable?
[02:11] Make sure that a condo is warrantable
[02:40] There are lenders that do a rental survey and can figure out if it’s a short-term rental or long-term rental
[03:07] Book a call at https://investorfinancingpodcast.com/rumble
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 💥
#dscr #dscrloans #buyingacondo
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 your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
-
2:35
Investor Financing Podcast
3 days agoSBA 504 Rates October 2024
6 -
24:59
RTT: Guns & Gear
18 hours ago $5.58 earnedEotech Killer or Just A Cheap Knock-Off? Neo Optics HH1
11.9K1 -
19:09
NC Dirt Hunter
1 day agoMetal Detecting Treasure at the Governor's Plantation #civilwar #history
11.2K9 -
30:26
The Lou Holtz Show
15 hours agoThe Lou Holtz Show Ep 20 | Brooke Rollins on Faith, Motherhood and America First Leadership #podcast
14.8K2 -
7:24
America First Policy Institute
2 days agoAFPI Weekly Rundown | Election Security, US-China Relations, & Fair Competition in Sports #news
11.1K5 -
0:48
OfficialJadenWilliams
19 hours ago10 items lines
30.3K1 -
LIVE
Right Side Broadcasting Network
2 days agoLIVE: President Trump Holds Final 2024 Campaign Rally in Grand Rapids, MI - 11/4/24
8,514 watching -
4:55:01
The Charlie Kirk Show
12 hours agoThe Final Trump Rally
406K113 -
3:58:32
PandaSub2000
1 day agoSquirrel With A Gun - Justice For Peanut & Fred | ULTRA BEST AT GAMES (Original Live Version)
69K9 -
57:42
LFA TV
1 day agoObama’s Last Stand | Trumpet Daily 11.4.24 9PM
114K36