What are qualification requirements for a DSCR loan?

Set deal qualifications.  

A pre-qualification letter is not strong enough to get a deal these days. 

But typically any conventional loan with less than 20% down payment you'll have mortgage insurance, but can either be borrower-paid or lender-paid.It's always good to review your situation with a lender, so you know your qualifications and budget.  

However, I did not know about the 5% down conventional loan option until seeing your post and have a couple questions:Does a 5% down conventional loan also consider current or appraised rents as part of the income qualification?

The terms are pretty reasonable, and the qualification process is so much easier.

However, what he offers is available for $15 on the internet, and the other $39,985 that is paying for “mentorship” gets you 2 hours a week with an “advisor” who has never personally done a deal and whose main qualification was that he failed as a salesperson selling the gurus mentorships. 

Since the qualification is based on the property’s income (no DTIs/personal income), it can allow you to grow your portfolio faster than traditional financing might.Check out this article for more info: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Happy to connect and discuss further!

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project.