Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago, 04/17/2023
Cash out DSCR for cash-built new construction?
I have 2 parcels located in Virginia. I am considering building two SFH each with an accessory apartment. Construction will be completed with cash. What are my options to get the most cash out of these properties while holding and renting long term?
I'm thinking a DSCR loan on each property but would like to hear other options.
Does the 6 month seasoning for DSCR start when the land is purchased or when construction is completed?
I plan to have these rented by the time I am looking to cash out if that makes a difference for underwriting. Purchase to construction completion should be close to 6 months.