Hi Carlo,As mentioned DSCR loans vary widely based off of numerous factors, credit, LTV, Prepay type, DSCR Ratio, just to name a few.However, I am seeing rates as low as 6.625% now on DSCR products in a perfect scenario.In scenarios with low credit scores, high LTV's and short prepays we can easily be in the 9's.When looking for a DSCR loan to fit your needs, I recommend getting in touch with someone who knows what they are doing to pencil the loan in your best interest.Glad to connect and get into more detail!

Some lenders will work with any level of investor experience, credit scores as low as 660 and can close in as little as 10 days (there are loan options for 640-660 credit scores- they require 20% down).Another good thing is interest only and 6-24 month loan terms- you can refinance by selling or refinancing to a long term DSCR rental property loan at any time once you complete the rehab. 

I meet the requirements, which are:1) More than 640 credit score. 2) No missed payments 3) No second mortgages 4) did not use a down payment assistance program to buy the home.

They can always put it on a credit card and pay payments that way. 

Always make sure to adequately screen your tenants (background check, income verification, credit report, etc).2) In the context of House Hacking, with a SFH are you considering renting out by the room?

The LO I use for my investments can have you pre-approved same day if you submit all the necessary documents (pay stubs/W2, credit report, loan application, bank statements).

I am looking for new place to live but haven't decided on where, looking for something affordable 1 Bedroom no credit check it can be any type of property. 

However, they don't have a credit history and mentioned they use cash for transactions, offering to pay one year's rent upfront in cash.

Is there a such thing as a flipper line of credit where the property information can be filled in at later date?

DSCR rates begin at about 6.5% and go all the way up to 9% or so, your rate is determined mostly by your credit score and the Loan to Value.