I’m not naive enough to ignore the fact that business empires are built on networking and reputation. Instead of offering a “thank you” to people who bring business my way, I pay out. It can be something so simple. Something as simple as you seeing an investor on social media asking for DSCR financing and …
Being that DSCR loans are based on cash flow, it’s important to factor this into your process. Cash flow is determined by the DSCR ratio of the property. Often times, DSCR lenders require a DSCR ratio of 1.1 – 1.2. What this means is the rent needs to be 10-20% above the overall mortgage. Let’s …
How to Tell if Your Property Cash Flows for DSCR Financing Read More »
My journey is a wild one. I got my first job at 17, working at a water park in South Florida. I’d get off the bus after school and dip some fries. Between the ages of 17 and 26, I worked a total of 26 jobs. Of the 26, I quit 24 and was let …
As the DSCR space grows, more investors are becoming acquainted with the requirements and what to expect, but what makes it different than the conventional side of the financing industry? Capital – Conventional lenders get their capital from the FED. Therefor, they have a set of rules to abide by, and these rules often …
