What is a Condo-Site? (DSCR Loan Tips)
🤔 Q: What is a Condo-Site? ➡️ A: A “Condo-Site” is a type of condo unit that is in an overall condominium project that contains four or fewer units. Because it only shares a condo regime with so few other units and more closely resembles units within a duplex, triplex or fourplex rather than a large condo building, mortgage lenders, including DSCR Lenders, treat these units as SFRs or standard single-family residences for qualification and pricing purposes. #shorts #realestateinvesting #realestateinvestor #dscrloans #dscr
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