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Updated over 2 years ago,
New debt during a DSCR loan
Hello everyone,
I am finishing up a property to sell but have found a property that I wish to purchase. I have just enough cash to purchase but will then be short on the renovation.
If DSCR if based off of the income of the property and not my DTI, will a 10k personal loan affect the DSCR loan?
The property is above 1.25, my credit score is high, it’s 25% down