The Riverside market (St Vincent's) and San Marco (Baptist main campus, Anderson Cancer Center and Wolfson's children's hospital) plus right next to downtown cover a good portion of the bases.

I live near an army base where there is a high turnover due to it being a training post for all branches of the military.

DSCR loans are underwritten based on your credit, liquidity, and the rent you will receive vs the principal, interest taxes, and insurance.

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

The easiest way to access equity in a property through a DSCR loan is going to be through a cash-out refinance, of which 80% LTV is available in California (down to 660 FICO).We also have the following prepayment penalties available on 30-year fixed terms:o  3-year prepay: +0.00% to base rateo  2-year prepay: +0.125% to base rateo  1-year prepay: +0.125% to base rateo  No prepay: +0.25% to base rateWhen it comes to 2nd position deals on purchases, there is a program I utilize that allows 90% combined LTV (CLTV).

When it comes to getting an investment loan you can qualify based on your income or the properties rental income.

The one you are trying to cash out you should be bale to get a 30 year loan based on cash flow of the property.

Don't underestimate any of these variables in order to grow on AIRBNB- Research the market- Present the property attractively- Establish Clear Policies and Effective Communication- Keep the property clean- Know the local laws and regulations related to short term rentals.Remember that success on Airbnb is often based on attention to detail and providing guests with a positive and memorable experience.Did you find this information helpful? 

With I&P Payments x DSCR (1.25(what banks will loan at a minimum on usually)) and that will give you the minimum NOI the property will need to achieve for you to make a return based on basic lending rules.