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Updated almost 2 years ago on . Most recent reply

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4
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2
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Richard Ruedas
  • Rental Property Investor
  • Orange County CA, Mohave County AZ
2
Votes |
4
Posts

Does anyone have experience using DSCR Loans as a cash out refinance option?

Richard Ruedas
  • Rental Property Investor
  • Orange County CA, Mohave County AZ
Posted

Looking for general information or advice on using DSCR Loans as a cash out refinancing. If you have used this option before or are a lender who has helped clients with this type of product please comment.

I am looking at using this type of loan for BRRRR projects and would like to see if it's a strategy that could work.

Most Popular Reply

User Stats

88
Posts
37
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Tony Severance
  • Lender
  • Fort Worth, TX
37
Votes |
88
Posts
Tony Severance
  • Lender
  • Fort Worth, TX
Replied

My clients regularly use DSCR cash outs to fund purchases of new properties. It is a very sound strategy for utilizing the equity in your properties to acquire more. However, there are pros and cons that need to be weighed against each other.

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