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.

For "Foreign Borrowers" your loans are very limited. 

Any laws against repaying the loan in stocks instead of actual cash?

A couple of months ago, I purchased a property using a hard money loan for $115,000.

Always ask your agent to ask the listing agent which title company/closing attorney that they are working with.

So they started doing the loans that everyone else turned down, ultra high risk development deals, second mortgages, land loans at ridiculously high LTV, loans where the borrower has none of his own capital invested, 85% of AFTER stabilized value loans.  

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Does anyone know anyone that does 5% for a vacation home loan? 

Many companies have left the state entirely.Insurance is a simple math game. 

Hi @Frank Pyle,**I am not affiliated with any of the companies mentioned**To secure long-term financing for your Airbnb, look for DSCR lenders that accept pro forma income instead of requiring 12 months of rental history.