DSCR Loans: The Shocking Truth About Qualifying Without Income—and Why It Could Make or Break Your Next Investment Deal
Ashley:
And the second thing is I don’t want to rent a unit a property to someone that I don’t even own yet. So even a lot of lenders will say, yes, this is a very, very gray area as far as that, the banquet assets. So having a tenant in place is better if you’re going to purchase a property that is, you’re going to use the DSER loan. But I think one of the really big questions in here are the things we need to discuss is that the real estate agent is saying that this person should start out with a turnkey because they are not from the area. And Tony, in our first question, you literally proved that you do not need to be from an area to be able to do the bur strategy, which is buy the property, rehab the property, rent out the property, refinance the property, and then repeat it.
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