DSCR Loan Costs | The Key to Buying Residential Investment Property
Want to buy a residential property but don't know how to invest? Today we take you through the best option for financing your residential investment. Let's discuss DSCR (Debt Service Coverage Ratio) loans and how they help you to fund a real estate investment.🏠
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Are you thinking about financing a real estate investment? We understand that figuring out the right funding option can be difficult. This video will cover DSCR loans, the best financing option for experts and new investors.💰
We will explore, what is DSCR (Debt Service Coverage Ratio) loan and how it can assist you in buying your dream real estate. We will also cover the important fees and costs associated with DSCR loans. Additionally, we will go through the pros and cons of DSCR and how you can maximize the return on your real estate investment.🏠💼
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🎥Check out my other videos:
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Пікірлер: 23
Let's chat about DSCR Loans: calendly.com/jeff-trevarthen/15-min-call
Best Mortgage officer I have ever worked with. Thank you for everything man. Very helpful
@JefftheMortgagePro
10 күн бұрын
Thanks Judd!
I always appreciate the wisdom you share with us investors
@JefftheMortgagePro
Ай бұрын
Thank you for the kind words!
Great video so well explained.
@JefftheMortgagePro
Ай бұрын
Thank you! 🙏
Not everyone can afford a down payment like the ones they have it's way to high what kind of help can a person get to help with the down-payment
@JefftheMortgagePro
11 күн бұрын
For investment property? Not much help. But a lot less down required for primary residences. 👍
Bro, you could have added a chart while you were talking. And what are points? Is there a book I can read, that you can suggest?
@JefftheMortgagePro
9 күн бұрын
Lol! I'm not that skilled in editing. I'm not sure what books there are regarding dscr loans.
Great video…. Quick question Jeff - If I have a 4 unit property. I recently finished the rehab. I’m placing tenants in units now (1st tenant was placed in Jan, 2nd will be placed with a 12month signed lease by next week) Should I wait until all 4 units have signed 12 month lease in place to get financing with DSCR loan (will appraisal be cheaper if 4 signed leases in place) or will the appraisal cost me the same to start the refi process now with just 2 of the units with signed leases in place (all 4 units rehab is complete). Typical BRRRR deal with Private Money Lenders. Thanks Jeff
@JefftheMortgagePro
Ай бұрын
Great question. Get the tenants first. It's always easier that way. Happy to help with the refi when you're ready.
@JefftheMortgagePro
Ай бұрын
Appraisal will be the same price regardless.
@nickfazzio5277
Ай бұрын
@@JefftheMortgagePro huge thanks Jeff. I absolutely will give you a shout when I go to complete the Refi process. Hoping within a week or 2.
As a realtor If I wanted to purchase an investment property that already has tenants, would you consider using my commission I would get as the reserves or for the closing cost?
@JefftheMortgagePro
9 күн бұрын
Great question. Unfortunately, reserves have to be "seasoned" for at least two months. :(
always need at least 20 % down/?
@JefftheMortgagePro
Ай бұрын
For the most part, yes. 25% down is better.
@michaelpaul5801
24 күн бұрын
@@JefftheMortgagePro why?
@JefftheMortgagePro
24 күн бұрын
Better rates and pricing.
Are DSCR loans maximum 7yrs or what is the maximum before being subjected to refinancing or paying off the loan in full?
@JefftheMortgagePro
8 күн бұрын
They're actually 30 year fixed loans. 😊