DSCR Financing in NY

DSCR Loans in New York

Outer-borough NYC multifamily prices versus Buffalo and Rochester cash-flow yields. New York is two completely different DSCR markets held together by one tenant-protection regime.

Local Market Context

Investor Markets in New York

New York City (outer boroughs)

Brooklyn, Bronx, and Queens 2-4 unit small multifamily. High prices, strong rents, DSCR-native deals.

Buffalo

Deep Class C cash-flow market with some of the best rent-to-value in the Northeast.

Rochester

Affordable small multifamily and SFR inventory with steady tenant demand.

Syracuse

University-driven rentals and cheap entry in central New York.

Albany

State government tenant base with stable long-term demand.

Common Properties

What Investors Finance in New York

✓Brooklyn and Bronx 2-4 unit small multifamily
✓Queens SFRs and 2-4 units
✓Buffalo Class C cash-flow SFRs
✓Rochester 2-4 units and SFRs
✓Syracuse university-adjacent rentals
✓Section 8 inventory in Buffalo and Rochester

Property Types

DSCR Property Eligibility

Depending on the selected capital partner, eligible property types can include single-family rentals, condos, non-warrantable condos, 2 to 4 units, 5 to 8 units, 9 to 20 units, rural properties with leverage adjustments, and mixed-use properties that are at least 50% residential.

Refinance options Purchase options

Program Paths

Current DSCR Options in New York

Get Brick Capital works direct-to-wholesale across multiple capital partners. These are separate program paths, so the strongest feature from one option should not be assumed to combine with another.

Program 3

Completed Rehab

A completed renovation can use the new ARV immediately. Minimum 660 FICO, $75,000 loan, $100,000 property value, and no executed lease required.

Program 1

Small Balance

Loans can start at $50,000 with a $75,000 minimum property value. New-ARV cash-out generally requires at least 91 days and a lease is required.

Program 7

Low / No FICO, No Minimum DSCR

Qualifying purchases can reach up to 75% LTV and refinances up to 60% LTV, with no minimum DSCR ratio requirement and loan amounts up to $10 million. Pricing is materially higher than standard-credit programs.

Program 3 cash-out in New York is generally capped at 75% LTV. The 80% Program 3 cash-out tier is limited to specific states. Final leverage can also be reduced by DSCR, property type, value, loan size, and other overlays.

New York DSCR FAQ

Does Get Brick Capital offer DSCR loans in New York?

Yes. New York is one of the 46 states Get Brick Capital currently services through its wholesale capital-partner network.

Is Program 7 available in New York?

Yes. Program 7 can be available in New York for qualifying low-FICO, no-FICO, or no-minimum-DSCR scenarios. Purchases can reach up to 75% LTV and refinances up to 60% LTV.

Do I need W-2s or personal tax returns?

DSCR income qualification does not use W-2s, pay stubs, or personal tax returns. The most recent two months of bank statements are generally still required to verify closing funds and liquidity, and eligible assets can be used for reserves.

Can I close the loan in an LLC?

Yes. DSCR loans can close in an LLC. Other eligible vesting can include individual ownership, corporations, and approved trusts depending on the program.

See Your New York DSCR Options

No credit pull for the initial quote. Rates within 24 hours. Typical 28-day close with complete documentation.

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