DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Buy quality assets with NON section 8 tenants that have 700 fico scores thats safe bet in the US>  And what I do ..

The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.

Same income, same credit, DTI ratio, underwriting requirements.

I already had my own business, some cash, lines of credit and a solid contractor as a partner which is how I have grown my portfolio so aggressively over the past few years.Unfortunately, $8k is not going to get you very far despite the promises of no money down investing.

I would not credit for laundry, I would price in line with not having a laundry if other units do.

Paid off HELOC, paid off business credit ($70k) that was personal guaranteed.

Take a look at this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% This is how likely a borrower is likely to default on credit extended to them.

Others want a higher reward so take on more risk, like low credit tenants.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?