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Updated over 6 years ago, 08/19/2018

User Stats

542
Posts
322
Votes
Ryan Deasy
Lender
  • Lender
  • Farmington, CT
322
Votes |
542
Posts

Refinancing using actual rental income

Ryan Deasy
Lender
  • Lender
  • Farmington, CT
Posted
Hello: I am running into some issues with trying to find someone that will refinance a property using my rental income because the rental income is done by the room as opposed to per unit like most people do. has anyone run into this issue before? I do very well by the room but as soon as you scale it back to per unit like this lender wants to do, the numbers do not look as great as far as DSCR, etc. Thanks!

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