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Updated over 3 years ago, 08/26/2021
General DSCR Loan Information
Hey everyone. Looking for a general understanding of how DSCR Loans work. I understand that ratio generally needs to be around 1.2, but what's the percentage of an average down payment on one I should expect to pay? How do I tie it to a new LLC with no prior experience/credit attached to it?Anything else I should be considering?
Any advice would be appreciated. Thank you.