Gainesville Florida DSCR Rental Loan
![front - pensacola Florida Hard Money Lender](https://cdn.abl1.net/wp-content/uploads/2023/12/front-pensacola.png)
![back - pensacola Pensacola DSCR Loan](https://cdn.abl1.net/wp-content/uploads/2023/12/back-pensacola.png)
Asset Based Lending recently funded a DSCR rental loan for a first-time borrower and real estate investor in Gainesville, Florida. The property was purchased for $200,000 with a loan amount of $120,280 and an appraised value of $221000. The property is a two-bedroom, two-bathroom house that has had the same tenant for 40 years. It features a spacious fenced backyard, porch, and wooden deck, all meticulously maintained. The property boasts clean landscaping, a carport, and a generously sized master bedroom with an adjoining large closet. Additionally, there’s a private fenced garden accessible from the master bedroom for added privacy. With a DSCR of 1.12, the property is already positively cash flowing, making this a great investment for the borrower.
![best hard money lender in Florida](https://cdn.abl1.net/wp-content/uploads/2024/03/kitchen-2.png)
![FL real estate](https://cdn.abl1.net/wp-content/uploads/2024/03/dining-room.png)
![DSCR loan in FL](https://cdn.abl1.net/wp-content/uploads/2024/03/family-room-1-1.png)
![Gainesville Florida](https://cdn.abl1.net/wp-content/uploads/2024/03/bedroom-1-2.png)
![prequalify-icon](https://cdn.abl1.net/wp-content/uploads/2021/10/prequalify-icon.png)
![call-us-icon](https://cdn.abl1.net/wp-content/uploads/2021/10/call-us-icon.png)
![email-us-icon](https://cdn.abl1.net/wp-content/uploads/2021/10/email-us-icon.png)