If the rental income doesn’t sufficiently cover the debt payments by their standards, they’ll limit the loan amount, even if the property is worth more.You could try a few alternatives:•Look for lenders who specialize in commercial real estate and have more flexible DSCR requirements.

Also, is it a cash out or rate and term refinance?

Most of us will go even higher...say 85%...but you have to get the property to cash flow at that level.

With some more math, you’ll see that the extra amount in dollars is not that much compared to the total amount of interest paid.

So if you are anticipating higher rents and therefore higher income next year you may want to wait till then if you are trying to maximize the amount of the cash out refi.

What you have calculated is not cash on cash return.   

And right now, homeowners across the country are sitting on record amounts of it.Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?”

Second to cash in the bank is HELOC cash because you can use it however you want (you just have to see it already in an account).

@Michael Palmer Why does the holdback, $498,361 exceed the loan amount of $433,000.00?

Hi everyone,This is my first time posting and I had a question regarding DSCR cash out refinancing:Are the DSCR loan amounts calculated strictly on the debt service ratio or does an appraisal come in to play?