Updated almost 2 years ago on . Most recent reply
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Thank you @Lataw Bawknaw.
Per your numbers provided, the property qualifies for a 90% of purchase + 100% of rehab loan, up to 75% loan-to-ARV.
Here's a screenshot of my DSCR calculator and what I am seeing on your eligible refinance. You would need the property to hit at least a 1.00+ DSCR.
You would certainly have to leave some equity in this house as a BRRRR deal, as the 75-80% LTV refinance would require more like $3,000-$3,500 in monthly income.



