What’s more, DSCR lenders would allow you to qualify these mortgage loans using the actual prior years’ history of booking income from your STRs (“TTM Actuals Method”), or if that wasn’t available, a non-DTI qualification based on “long-term market rents.”This led to the next hyper-growth phase of STRs as many investors used DSCR loans to scale their portfolios, acquire lots of properties and build strong cash-flowing businesses.

(i.e. new builds)I understand that in a typical situation, with rental history, the DSCR would have to be greater than 1.0 or 1.5, etc… but what about situations where there is no history to provide?

This would be in the Western NC/Eastern Tennessee Blue Ridge Mountains area

There is a huge demand for people with a strong income history that won't or can't use bank loans to buy property. 

Check the previous buy/sell history on some of the houses I’m sure you’ll find some.

I have a good understanding of the South eastern side of Florida from Stuart, Palm beach gardens, West palm beach, Delray, and Boca Rotan.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

So to close this, I wrote a letter with the time line and all of the work that was done and if they wouldn't share all of their water usage history with me, there is nothing more I can do. 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?