Can I live in a property financed with a DSCR Loan?
Robin SimonBusiness Member
Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
Q: Can I live in a property financed with a DSCR Loan?
A: No, DSCR loans are only for investment properties. The borrower must use the property for rental income and cannot live in it or allow close family members to occupy it. For properties used as a short term rental (i.e. Airbnb), generally the owner, if financing the STR with a DSCR Loan, can stay in the property up to 14 days per year without violating business-purpose occupancy rules according to most lender interpretations.
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