BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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 2 years ago on . Most recent reply
Refi on investment property
Looking for a good company to refinance one of my investment properties in the Philly area. This will be my first time doing a refi as a new investor. Any companies or suggestions are welcome. Thanks in advance.
Most Popular Reply

Are you clear on what type of financing you are looking to obtain? If you are looking to refinance a rental property and want a simple process, I would highly recommend using a DSCR (Debt Service Coverage Ratio) loan. This will solely look at your FICO score as well as the property cash flow (asset-based lending) and allow you to scale your portfolio as your DTI will not take a hit.