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How to calculate a DSCR ratio
Categories: Blog Posts
How to calculate a DSCR ratio Today we are going to discuss how to calculate a DSCR ratio. Many investors are intimidated by a DSCR loan and are unsure as to where to start. However, the main thing that you need to take into consideration is whether or not the property cash flows. Properties that […]
Quick ‘n Easy DSCR Calculation
Categories: Blog Posts
Your DSCR calculation made easy with our free loan calculator. Don’t be intimidated by a DSCR loan. If the property cash flows, then you have a pretty good shot at getting approved. And there’s a simple way to find out the cash flow of a rental property: the debt service coverage ratio. Underwriters use this […]
Why You Need To Refinance a BRRRR
Categories: Blog Posts
Why can’t you just keep the first loan on your BRRRR? Here are the reasons to refinance a BRRRR. The BRRRR strategy uses two loans. The second one is for the refinance – the third “R” in BRRRR. You buy with a hard money or bridge loan, but eventually you need new funding for the […]
How to Calculate DSCR on Your Rental Property
Categories: Blog Posts
Here’s how to calculate a property’s DSCR (and what it means for your loan). Don’t be intimidated by a DSCR loan. If the property cash flows, then you have a pretty good shot at getting approved. And there’s a simple way to find out the cash flow of a rental property: the debt service coverage […]
DSCR Loan Qualifications for Income: Can You Afford a DSCR?
Categories: Blog Posts
How tough are DSCR loan qualifications for beginner investors? (You might be surprised…) DSCR loans are becoming one of the most popular investor tools in the lending world. But can you use them if you’re just a beginner? Let’s go over income and experience DSCR loan qualifications. Are DSCR Loans Good? Firstly, let’s go over […]