If they will do a loan with less than 1, the pricing takes a hit.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23This property cash flows. 

These ratios seem interesting, I haven't really thought about it in those terms.Let's use a simple example to illustrate this so I can better understand what you're saying.If you own a $100,000 property, you're saying you should have $20,000 in equity, $80,000 in debt, and an additional $10,000 in reserves or cash for the property?

You're refinancing it and using the extra cash to buy a rental property.To illustrate, let's say your current mortgage is $100k, and you can refinance it into a $150k new mortgage.

Whenever users complain to us about our work product, we used to joke with them "if you don't like it, go and get yourselves QuickBooks".Most of the SAP work we done involves creating custom templates like the ones you illustrated, but not with all the customization features such as custom colors, logos etc.

I agree Jay that it is rather a lengthy piece of information but the premise is of course "predator lending" this is just feedback to allow other's to exercise and prepare for unethical business practices specifically to doing one's financial due diligence such that this is an illustration of caveat emptor or let the buyer beware to prevent fraud from manifesting as a reality with no recourse for action. 

Initial plans and finished product illustrations will be a highlight of this session.11:15 a.m. – 11:45 a.m.Zoning – Case StudyOak Ranch Manufactured Home Community, Austin, Texas: Zoning for a manufactured home community is one of the most difficult types of zoning to achieve.

To the degree possible I would ignore criticisms that are based on emotional response rather than an objective illustration of risks.

I found a site titled "Illustrated History of Wind Power Development" that is fascinating!

Could you illustrate what the process would look like if using a HELOC?

This is a more complex example, but the purpose is to illustrate that you need to speak to a CPA who can help you accomplish your goals.