My friend needs a high LTV dscr 80-85% rate and term refinance lender for single family homes. Are there any dscr lenders that let you choose your appraiser if they are in the amc group?

This discussion forum will be used to share deals between members, high profit opportunities I find & want to share with you, & deal breakdowns. Comment what market (City, State) you'd like to see some deals in👇🏼 Let's get investing!

I just got something exciting from one of my lenders — and this one’s a game changer if you’re looking to finance your next investment property 🔥 They’ve rolled out their new NONI DSCR Loan Program, and it’s honestly one of the best sets of terms I’ve seen in a while. Here’s why this matters 👇 🏡 What’s New with the NONI DSCR Program: ✅ First-time investors welcome — no experience required ✅ Credit score as low as 620 qualifies ✅ No seasoning for cash-out refinances (perfect for BRRRR deals) ✅ Up to 85% LTV on purchases → meaning you only need 15% down instead of 20% ✅ Loan amounts up to $3.5M ✅ Works for SFRs, condos, and 2–4 unit properties ✅ No proof of income needed — qualification is based on the property’s cash flow, not your W-2 or tax returns ✅ Short-term rentals (Airbnb/VRBO) eligible under specific criteria 💡 Why It’s a Big Deal Most lenders still have strict DSCR terms or require long ownership seasoning before you can refi and pull out cash.This program lets you get in, build equity fast, and cash out quicker — making it ideal for investors using the BRRRR or flip-to-hold strategy. If you’ve been waiting for the right lending product to get started, this is it. 🚀 Ready to Apply? If you’ve got the capital to invest and are ready to start or scale your portfolio, 👉 Fill out the application form to get prequalified and see if you fit for this program. https://tr.ee/W6oSr8WUqf This could easily be the loan that gets you into your first (or next) auction property without needing W-2 income or 2 years of business history. Let’s make moves - Tiffany 🏠💰

Happy Monday! 🎯 Today we’re diving into one of the most important topics for new investors — how to actually finance auction properties. A lot of people assume you need to buy auction properties in all cash, but that’s not true. There are several investor-friendly loan programs that can help you get started — even if you’re a first-time buyer. Here’s a quick breakdown 👇 🛠️ 1️⃣ Fix & Flip Loans Best for: Distressed or run-down properties that need renovations before resale or refinancing. 💡 Why investors love it: - Great for properties that wouldn’t qualify for conventional financing due to condition. - Lenders typically fund 100% of your renovation costs. - You can often start with $0 down, though you’ll pay slightly higher closing costs. 🔧 Pro Tip: These are short-term loans (usually 6–12 months), so make sure your timeline to rehab and sell is realistic. 🏠 2️⃣ DSCR Loans (Debt Service Coverage Ratio) Best for: Turn-key or rent-ready properties that can pass inspection and generate immediate income. 💡 Why investors love it: - Only 15% down (some go as low as 10–20%) - Qualifies based on the property’s income, not your W-2 or tax returns - 30-year fixed rate — no refinancing needed if you plan to hold long term - Lower closing costs compared to fix & flip loans ⚠️ Heads up: If you plan to flip the property quickly, watch for prepayment penalties (PPP). These are common on DSCR loans, so always read your loan terms. 🏡 3️⃣ Conventional, FHA, VA, or USDA Loans Best for: Owner-occupied or move-in ready properties that meet lending standards. 💡 Why investors love it: - Lower interest rates and down payments (as little as 3.5% for FHA) - Great for house hacking or living in one unit and renting the rest - Available through many traditional lenders ⚠️ The catch: Not all auction properties qualify. You’ll need to find auctions that allow these loan types — typically bank-owned (REO) or HUD auctions, where the property condition meets lender requirements.

Welcome to Auction Property Academy. I'm excited to have you apart of this amazing community! That being said, I want to go over some community guidelines with you all and give you a chance to introduce yourself and get active in this community Step 1: IMPORTANT - First please introduce yourself in the Welcome tab using this copy-paste template 1. What's your name? 2. Where are you from/based? 3. What you wanna learn about from this community? Step 2: Head over to the modules and start going through the content Step 3: Answer the poll below Step 4: Comment on this post to let you know you've introduced yourself. Last thing, be respectful, add value and follow the rules. Welcome to the best Auction Property Academy in the world. Glad to have you. - Tiffany