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Real Estate Investor Loan
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Real Estate Investor Loan
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Purchasing your first rental property can be easy. Acquiring your second and third rental properties might not pose much of a challenge either. But at a certain point, most aspiring real estate investors began to experience problems qualifying for another mortgage. This problem is typically associated with not enough rental income showing on the tax returns to offset the payments of the rental properties. The Debt-Service Coverage Ratio (DSCR) Loan could be a simple solution to a common problem like this. The DSCR loan qualifies you based on the prospective monthly income of the rental properties; this is accomplished by using the market-rents in the area. Up to 20 properties can be financed with loan amounts up to 2million. The program is eligible for both short and long-term rentals.
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