DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

", but I am unsure if that only applies if we were to stay in the unit for less then 24 months.We would ideally like to live in the unit for 24 months, do some improvements and re-rent the unit at market rates, but Im not entirely sure what the rules are here.

In case helpful, here's more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Over the last year rental rates have decreased approximately 7% and with the continued development surrounding the area many renters are feeling the pinch if they want to stay in popular areas located in and around Austin.

These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

@Brandon Sisco Most DSCR options cap out at 80%, I do have an option for up to 85% LTV, but there are some caveats - 1) DSCR must be abover 1.2 2) credit min 740 3) interest rates are typically higher (0.75-1.25% higher).

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Let's meet up....

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I attend RE meet ups in coastal southern CA.