Unlock Explosive Growth: How Short-Term Rental Mortgages Are the Secret Weapon Top Investors Don’t Want You to Know About
If the projected income from the property can comfortably cover the monthly mortgage, taxes, insurance, and any HOA fees, you’re in a strong position. Most DSCR lenders require a DSCR of 1.0 or higher. That simply means the property is generating enough income to cover all its debt expenses. If your DSCR is 1.2, for example, your net income is 20% higher than your monthly payments. That’s ideal.
Here’s the beauty of it: You don’t need to be rich, or even full-time in real estate, to use these loans. You just need a good deal and a lender that understands the STR game.
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