❓💭🎓12 Frequently Asked Questions About DSCR Loans! - via River Sava Easy Street Cap

[Robin Simon]

In this Video ➡️➡️➡️Learn 10 of the top most-asked questions about DSCR Loans and get the answers from DSCR Expert @River Sava!

DSCR Loans are DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property

Watch this video to get the best DSCR 101 Available!

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In This Video⬇️⬇️⬇️

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❓What are DSCR Loans?

❓How is DSCR Calculated For These Loans

❓Do All DSCR Lenders Have the Same Qualification Rules and Underwriting Guidelines?

❓What is the Minimum Loan Amount For a DSCR Loan?

❓What is the Minimum Credit Score For a DSCR Loan?

❓Can I Live in a Property Bought With a DSCR Loan?

❓Can DSCR Loans be used for Short-Term Rentals?

❓Can a First Time Investor Get a DSCR Loan?

❓What is the Lowest DSCR Loan Down Payment?

❓Is There a Maximum Amount of DSCR Loans That You Can Have?

❓Do Properties Need To Be Leased To Qualify For a DSCR Loan?

❓What are Some of the Common Reasons a Rental Property Would Be Ineligible To Be Financed With a DSCR loan?

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More Resources

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✅5-Minute WebApp for a DSCR Loan!

➡️https://bit.ly/4capFy2

✅5-Minute WebApp for a Fix and Flip or Ground-Up Loan!

➡️https://bit.ly/4djTehE

✅DSCR Loans Guide 2024 with DSCR Calculator Tool!

➡️https://bit.ly/3TWZUvs

✅11-Part DSCR Loan Series published on ‪‪@biggerpockets‬

➡️https://bit.ly/3IUUIBZ

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⏰ Jump To ⬇️⬇️⬇️

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00:00 Intro

00:56 What Are DSCR Loans?

02:01 DSCR Loans calculate DSCR by Rents / PITIA ( not NOI / Debt Service)

03:10 Are All DSCR Lenders the Same? (No - Different Programs!)

04:08 Minimum Loan Amount for DSCR Loans (‪@easystreetcap‬ = $100k)

04:25 Minimum Credit Score for DSCR Loans (‪@easystreetcap‬ = 640)

04:41 DSCR Loans are strictly investment only (can't owner occupy!)

05:12 DSCR Loans can be used for Short Term Rentals! (airbnb)

05:54 DSCR Loans for First Time Investors (‪@easystreetcap‬= 1st Time Friendly!)

06:22 What is minimum down payment for DSCR Loans? (‪@easystreetcap‬ = 20% down)

06:35 Generally No maximum for number of DSCR Loans

06:59 DSCR Loans - does the property need to be fully leased?

07:34 Typical Property Type ineligible for DSCR Loans

✅Ready To Apply or Just Learn More?

➡️https://bit.ly/4capFy2

The information provided on EasyStreetCap.com and in any accompanying Easy Street Capital video is intended for general informational purposes only and is not intended to serve as professional financial advice in the real estate investment industry