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Updated about 1 year ago on . Most recent reply
DSCR Loans in Houston, TX
Does anyone have experience with these type of loans? Are they good for first time investors? I am using a FHA loan on my primary residence and don't want to refinance because we have a great interests rate.
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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Pro Member
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- USA
Hi Angelo -
Yes, DSCR loans are advantageous for first-time investors. They focus more on the property's income potential rather than personal finances meaning no DTIs, less paperwork, and more underwriting flexibility. You also have the ability to go through an LLC if that is the route you want to take and do not have a cap on size/concentration limits. Happy to chat with you further about this.