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19 February 2025 | 1 reply
First time buyer loan with 11% down.
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8 February 2025 | 8 replies
A few thoughts- do you have any equity in the car with the $20K loan?
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19 February 2025 | 3 replies
One thing that may work is doing a Subject to Existing Financing deal where you will buy the property from someone but not payoff their loan.
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2 March 2025 | 4 replies
Banker uses it on their loan documents.
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16 February 2025 | 0 replies
DSCR Loan with 20% Downpayment How did you add value to the deal?
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19 January 2025 | 18 replies
More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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28 February 2025 | 9 replies
That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)
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11 February 2025 | 167 replies
Of course they are also trying to "launch loan fund".
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8 February 2025 | 12 replies
Great question: The seasoning period begins the day it's purchased.We do just shy of 100 DSCR loans per month.
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28 February 2025 | 3 replies
Should we pursue a "cheap" rental in order to build rental history in the hopes of securing DSCR loans down the road?