This gives him a chunk of money upfront to do with as he sees fit, ensures he gets steady income (with interest), and reduces his tax burden.

Below are some general notes on DSCR loans:* usually used for single family or 2-8 multi family unit properties (fits your scenario)* must be for investment, non owner occupied (if looking for a product for alternative qualifying solutions for owner occupied there are other products)* can close in a personal name or LLC* usually 80% LTV for a purchase (20% down payment) & usually 75-80% LTV for cash out refis* prepayment penalties vary and are optional, but the higher the prepayment penalty, the lower the rate / options typical range from no prepay all the way up to 5 year prepay and structures vary for how those penalties work (3 year is my most popular by far)* appraisal most likely required and paid out of pocket during transaction* can be used for long term, mid term, or short term rental properties * generally 1%+ is the desired DSCR ratio but you get better rates if the ratio is higher (usually rate breaks kick in at 1.15%+ or 1.25%+) and you can still get the loan done if ratio is lower than 1% but the rate will reflect that (DM me if you wand help learning how to calculate the ratio)* the average time to close is 21-30 days* fees vary lender to lender and product to product, but $1595 underwriting plus title fees is pretty standard* 700+ credit is preferred to get max LTV, but plenty of options if credit falls below that* a typical loan minimum is $75k (have limited options for $50k+) and typical loan maximum is $3-4m (have limited options for $4m+)* 3 months reserves usually required, having 6+ months will usually result in better loan terms, 0 reserves can still get the job done if you go with a program that allows you to use the cash flow as reserves* 30 year fixed, IO, and ARMS available

There are always options, and it’s just a matter of finding the right fit for your investment goals.Best,Drago

It's easy for any of us to suggest specific markets in the region, but investors would benefit more from learning which areas are a fit for them.  

Do any of the properties not fit your Buy box today?  

You aren't fit for being a landlord.

Her style and financial approach as a PM and broker/investor was a great fit for both of us.

I'd love to connect and discuss potential opportunities that may be a fit for you.

I think this will get more common over time and products will mold to fit mtrs.I have done several dscrs for mid terms, they are doable.

If your deal does not fit under their max terms offer then yes, it is possible to be responsible for some rehab, but most times, most lenders will deduct leverage from the front acquisition and always cover rehab 100%.