All it ends up being is one person saying "Is not!"

To summerize, a DSCR loan, aka lite doc or business purpose loan, uses the rents you receive on the property and divided by the new loan PITI to receive a ratio.

Also, get all personal info (DOB, SSN) from the seller in case needed when talking to lenders, lienholders, etc.

A bank will not give you the $ as you have to show ability to repay the loan. 

With a loan, a person takes on a Debt Obligation. 

They actually have a licensed person in California.

HELOCs are not available because they are residential loans guaranteed by individuals and what you seek is a type of commercial loan or credit line which are available to seasoned companies with proven financial track record.

Hi everyone! I'm Igor - a revenue management expert with over 10 years of experience in the hospitality industry. I started my career working for Marriott in New York and Toronto, specializing in dynamic pricing and...

2nd home loan How did you add value to the deal?

@Justin FondrenIf your credit score is in the 700–730 range, you're in a great position to secure favorable loan terms.