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Jane Gold
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HELOC vs DSCR for BRRR properties in Birmingham

Jane Gold
Posted

Would you recommend a HELOC or a DSCR loan for refinancing a rental property bought with cash?

Thank you 

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Greg Scott
  • Rental Property Investor
  • SE Michigan
6,357
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Greg Scott
  • Rental Property Investor
  • SE Michigan
Replied

Neither, if you qualify for better loans.

If it is in your name, get a FNMA loan.

If it is in an LLC, find a bank loan.

  • Greg Scott
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