The ugly truth about DSCR loans.

Ambitious and hungry eyed investors are coming to me ready to get their first rental.

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They can put down 20% and have a duplex they’re ready to househack.

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And THAT is where it all goes down hill.

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Many of my well intentioned investors don't realize DSCR loans require the homes to be non-owner occupied.

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So that removes Househacking from the agenda.

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If you're looking to live in a home and rent out another unit then an FHA could be a fine option.

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But if you want to own a rental and use it as a source of income, not residency, then a DSCR is your way to go.

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Curious- who has househacked before? 👇