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56
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12
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Will Stewart
  • New to Real Estate
  • AL
12
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56
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Experience with DSCR loans

Will Stewart
  • New to Real Estate
  • AL
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

    1,997
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    Devin Peterson
    • Lender
    • Sarasota, FL
    662
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    1,997
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    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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    ProAlpha Capital
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