Can I get a DSCR loan for a duplex, triplex, or quadplex in Florida?

Yes. DSCR loans cover 2-4 unit properties in Florida at up to 80% LTV with combined unit cash flow used for the DSCR ratio.

Florida 2-4 unit DSCR financing is one of the most common scenarios on this site. Duplexes, triplexes, and quadplexes all qualify under the same DSCR product class as single-family rentals, with two adjustments. First, unit-count LLPAs: most lenders apply a small pricing hit for triplexes and quadplexes vs duplexes (often 0.125-0.25%). Second, DSCR calculation uses the SUM of all units' qualifying rent (from the 1007 small-residential income property appraisal schedule) divided by the total PITIA. Florida-specific notes: insurance is a real underwriting consideration - hurricane-zone properties in Pinellas, Lee, Charlotte, and coastal counties carry meaningful PITI inflation that can push DSCR below the lender's 1.0 or 0.75 floor. Most lenders will work the deal if reserves are strong or LTV is dropped. Max LTV: 80% on purchase and rate-term refi, 75% on cash-out, at 700+ FICO. Lower FICO scales LTV down. Vesting in a Florida LLC is standard and adds no rate premium. Property tax homestead exemption does NOT apply to investment property - underwriters use the non-homestead millage rate for PITIA. Florida transfer-tax surcharges (documentary stamp tax on the note + intangible tax on the mortgage) are paid at closing.