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Updated about 2 years ago on . Most recent reply
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What is DSCR at Purchase?
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a loan with 68% of the purchase price?
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Jack Tulloch
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Quote from @Cole Baker:
What is PITI? Thank you for he helP!
PITI = Principal Interest Taxes Insurance