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Updated 28 days ago on . Most recent reply

User Stats

53
Posts
11
Votes
Will Stewart
  • New to Real Estate
  • Alabama
11
Votes |
53
Posts

Experience with DSCR loans

Will Stewart
  • New to Real Estate
  • Alabama
Posted

I was curious if any investors have experience with DSCR loans and what their opinions of them are.

  • Will Stewart
  • Most Popular Reply

    User Stats

    1,930
    Posts
    644
    Votes
    Devin Peterson
    • Lender
    • Sarasota, FL
    644
    Votes |
    1,930
    Posts
    Devin Peterson
    • Lender
    • Sarasota, FL
    Replied
    Quote from @Will Stewart:

    I was curious if any investors have experience with DSCR loans and what their opinions of them are.

    Hey Will,

    tons of options, and tons of experience - what exactly are you looking for? For the most part DSCR loans solve 99.99% of the problems traditional financing proposes. There is no income, tax returns, w2s, etc. involved. Simply stated, as long as the property can generate enough income to cover your monthly PITI (mortgage payment) any lender should offer and extend your terms. It is a simple 1:1 ratio. You can get really creative with different structures as well (am schedule, PPP, I/O, buydown, etc,) very creative and fun loan product for investors! Happy to connect - good luck!
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