All Forum Posts by: Daniel Christopher

Great suggestion by Zachary here as DSCR loans are underwritten on the properties actual or projected income instead of your income which means no need to show W2s.

In regards to the $200k saved up, just in case you're unaware of what Zach meant by seasoning, for most DSCR lenders they will want to look to see where the $200k came from if it hasn't been sitting in your bank for more than 60 days. With that said how long have you had the $200k and where did is source from?

Also, shooting you a DM to connect as my company specializing in DSCR financing for STRs. You can find out more about it works on the blog post we did on Bigger Pockets recently here since we are a BP Featured Lender: https://www.biggerpockets.com/blog/dscr-loans-the-short-term...

✅ Fast & Easy Qualification

✅ Qualify With:

1. Actual or Projected STR Income (AirDNA/Rabbu)

2. Credit Score

3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 80% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Request a quote in as fast as 60 seconds: Short Term Rental Loan Quote

Or

Visit Our Website For More Information

✅ Fast & Easy Qualification

✅ Qualify With:

1. Actual or Projected STR Income (AirDNA/Rabbu)

2. Credit Score

3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 80% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Request a quote in as fast as 60 seconds: Short Term Rental Loan Quote

Or

Visit Our Website For More Information

Host Financial is a featured Bigger Pockets Lenders. We just wrote a post on DSCR loans from STRs on Bigger Pockets.

https://www.biggerpockets.com/blog/dscr-loans-the-short-term...

We can fund LTRs as well.

✅ Fast & Easy Qualification

✅ Qualify With:

1. Actual or Projected STR Income (AirDNA/Rabbu)

2. Credit Score

3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 80% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Request a quote in as fast as 60 seconds: Short Term Rental Loan Quote

Or

Visit Our Website For More Information

✅ Fast & Easy Qualification

✅ Qualify With:

1. Actual or Projected STR Income (AirDNA/Rabbu)

2. Credit Score

3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 80% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Request a quote in as fast as 60 seconds: Short Term Rental Loan Quote

Or

Visit Our Website For More Information

✅ Fast & Easy Qualification

✅ Qualify With:

1. Actual or Projected STR Income (AirDNA/Rabbu)

2. Credit Score

3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 80% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Request a quote in as fast as 60 seconds: Short Term Rental Loan Quote

Or

Visit Our Website For More Information

✅ Fast & Easy Qualification

✅ Qualify With:

1. Actual or Projected STR Income (AirDNA/Rabbu)

2. Credit Score

3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 80% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Request a quote in as fast as 60 seconds: Short Term Rental Loan Quote

Or

Visit Our Website For More Information

 Need more details as Jay mentioned. @Feras Majeed do you have a picture or description of the property?

As Brayden mentioned, would be tough to refinance if this is a primary home. If it's an investment property DSCR would be the go to route here.

If it's an investment property do you operate it as a Long Term Rental or Short Term Rental?