How to buy multifamily real estate?

How to buy multifamily real estate | qualify for investment property | DSCR loan no W2

What does it actually take to buy a multifamily property? 👇

Most people think it's out of reach. It's not. Here's what the bank actually looks at:

→ 20-25% down payment
→ Credit score 680+
→ 6 months reserves in the bank
→ The property's rental income covers the mortgage
→ DSCR loan = no W2, no pay stubs needed
→ 2-4 units = residential loan
→ 5+ units = commercial loan

The tenants pay the mortgage. You build the wealth. 💼

📲 Questions? Text or call Ray at 562-600-9793

🔗 @raymiramontes_realestate

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Listed by Ray Miramontes, Circle Real Estate