Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
Q: How do DSCR Loans Compare to Hard Money Loans?
A: DSCR loans are designed for stable, income-producing rental properties. Hard money loans are short-term and typically used for distressed properties that need rehab, like fix-and-flips. Hard money loans also come with higher rates and interest-only payments, while DSCR loans offer longer terms and lower rates.
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