Updated about 2 months ago on . Most recent reply

DSCR calculations (HELOC)
I'm six months into my first rental property and thinking about refi into a DSCR. I used a HELOC and also put additional cash down to make this a cash deal without any financing. I don't think I do but do I need to calculate the HELOC payment in my expenses? There's nothing official that ties the HELOC to the property.