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Rental Loans Compared: Traditional vs. DSCR vs. Local Banks
Categories: Blog Posts
Which rental loans are the BEST for your rental property? There are three main loans that cover rental property loans: traditional, DSCR, and small bank loans. Whenever we’re talking about rentals, we’re always going to come back to cash flow, and it’s important to find the best cash-flowing loan. If you’re deep in the real […]
Why You Should Be Honest With Lenders
Categories: Blog Posts
When you’re filling your money bucket, being honest with lenders can make a huge difference in your loan and the options they offer! 1. Be Honest About Your Financial History This may seem obvious, but make sure you’re honest with your lender. Make sure you’re upfront and honest about your financial history with your lender. […]
What’s the Right Prepay Option For You?
Categories: Blog Posts
How can you choose the right DSCR prepay option for your project? It’s important to look at the prepay penalties of your loan so that you can figure out what fits your particular investment. You should also take time to research the following to make sure you’re getting the best deal possible: Think about your […]
Real Estate Investors: How to Win in 2024
Categories: Blog Posts
How can real estate investors WIN in the changing 2024 market? We’re expecting to see more foreclosures and more properties available at discounts in the coming year which is ideal for real estate investors in the business of fix and flips and rentals. No matter where you came from or whether you have a college […]
Requirements for DSCR Loans in 2023
Categories: Blog Posts
How has the changing landscape of real estate in 2023 affected requirements for DSCR loans? What are lenders looking at and how can you find the right deal for you? The Power of Shopping Around While this isn’t new, shopping around is very important in 2023. With a growing number of lenders loosening their requirements, […]