They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.

Some of them are construction contractors that have decent credit but can’t take multiple loans on multiple properties and pay tons of fees and closing costs.

Get multiple quotes for the same work.

Quote from @Kara Matson: I'm a first time homebuyer trying to add multiple touches to my starter home.

I realize that the competition is one step, if not multiple steps ahead of me, and that is okay because I know that I can reach people who will say yes to me.

This property will not compete with hotels is what I thought  We just book multiple rooms next to each other to take advantage of the included Disney transportation.

I have people that book for multiple weeks during season and I don't blame them for wanting a better feel of the place before shelling out $20K.  

But what if you could do, as I have, multiple deals under 5 k and earn back that 5 k and 10K more each deal...and exponentially higher on each deal that is higher priced than that?

I’ve been documenting multiple comps close to my house tracking rents and it seems like my house would rent around $2,000/month.

One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.