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Updated almost 3 years ago on . Most recent reply

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41
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Patrick K.
17
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41
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any recommended lender that recognizes STR incomes?

Patrick K.
Posted

Hi all, most of the lender that I talk to either has to look at personal income or "regular" rental income from an investment property. Is there any lender that recognize STR incomes?

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User Stats

41
Posts
17
Votes
Patrick K.
17
Votes |
41
Posts
Patrick K.
Replied
Quote from @Bobby Feinman:

Patrick

We make long-term rental loans on short term rental property and use the projected annual income to determine the DSCR.

Let me know if I can be of any assistance

sorry just to clarify, do you use the projected long-term rental income or the short-term rental income to determine DSCR?

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