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What Should Your Income Look Like for a DSCR Lender?
Categories: Blog Posts
5 important things to know about DSCR lender income requirements. Compared to lenders of conventional loans, any DSCR lender will have unexpected guidelines when it comes to income. The qualifications they need from you, plus the kind of income they need from your property is unlike any traditional loan. Let’s go over 5 key points […]
10 Things You Should Know About a DSCR Loan for Rental Property Deals
Categories: Blog Posts
How do you know if you’re the right type of person for a DSCR loan on a rental property? What makes a good DSCR loan? What makes a good DSCR property? We get hundreds of people asking these questions. While traditional loan offerings will be more or less the same from lender to lender, DSCR […]
How to Calculate HELOC LTV (And Other Things To Know)
Categories: Blog Posts
Simple facts: how to calculate a HELOC LTV, and more. The #1 consideration when you start looking for a HELOC is, by a landslide, the loan-to-value. LTV should be your priority for one simple reason: the more money you can get, the more you can do with real estate investing. Depending on the property type, […]
How to Get a Small Loan for Bad Credit
Categories: Blog Posts
Have high credit usage? Get a small loan for your bad credit like this. Credit is a powerful tool for real estate investors. A credit score, even more so. Sometimes the very projects that are making you money stifle your ability to get a loan to start your next project. Let’s briefly go over why […]
How to Get the Best HELOC to Buy an Investment Property
Categories: Blog Posts
3 things you need to know when you start shopping for a HELOC to buy an investment property. For 23+ years, we’ve worked with thousands of investors and funded over a billion dollars in loans. Over and over, we find the following to be true: Real estate investors who are set up right with financing […]