I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

It’s all different with different county.As an example, for one county I’m in contact with, they consider 110% of the FMR, but they only pay 40% of that amount.

Since the original post, I have worked with Provision and we have worked out our differences.

What's the main differences there?

He can slice and dice a deal a dozen different ways.  

@Felix Sharpe, to elaborate on what Lauren noted, but hitting on a different aspect of that comment: I do not like the "beds and heads" mentality in Airbnb.  

Wholesaling can be a bit of a different beast compared to buy-and-hold strategies, but with your background, I'm confident you’ll pick it up quickly.I’d be more than happy to share some insights from my own experience in wholesaling or answer any questions you might have.

These will be different for every loan.Without seeing your Closing Disclosure it’s hard to say why your closing costs are so high.

The results are grossly different.

I say it's a bad idea, i'd rather buy different properties and use that money as down payment.