Minnesota Recent DSCR Fundings

Real Investments. Real Results.

Real estate investors in the North Star State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like Minnesota, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for Minnesota real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in the North Star State below:

PUD

Lutsen, MN

Loan Amount / $407,550
Rate / 7.875%

Purpose / Cash-Out Refinance
LTV / 65.0%

$407,550 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Lutsen. This property is currently utilized as a short-term rental and is located along the western bank of Lake Superior, in close proximity to an abundance of outdoor recreational opportunities.

Single-Family Residence

Robbinsdale, MN

Loan Amount / $367,500
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$367,500 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Robbinsdale. This property is currently occupied on a long-term lease. Despite being built in 1954, the home is in good condition thanks to renovations to the kitchen and bathrooms.

Single-Family Residence

Dent, MN

Loan Amount / $272,000
Rate / 9.250%

Purpose / Cash-Out Refinance
LTV / 56.1%

$272,000 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Dent. This property is in good condition and is located off Otter Trail Scenic Byway, next to Big McDonald Lake, in northwest Dent.

Single-Family Residence

Aitkin, MN

Loan Amount / $120,300
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 67.6%

$120,300 Minnesota DSCR Rental Loan for a Cash-Out Refinance of a rental property in Aitkin. Aitkin, Minnesota is located just two hours north of Minneapolis and is home to several lakes and rivers. Although Aitkin is a small town it is known for its great healthcare and public education.

Acquisition

Lutsen, MN

Loan Amount / $386,750
Rate / 8.625%

Purpose / Acquisition
LTV / 65.0%

Experienced investors add an STR near a popular resort to their growing portfolio.

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