Whether you are buying your first rental or your tenth, the right financing protects your cash flow. We place conventional investment loans and DSCR loans, which qualify mainly on the property's rental income instead of your personal income.
Who it fits
Your first rental
First time landlords buying a single rental
Philadelphia multi unitPast conventional limits
Investors growing a portfolio past conventional limits
Non QM loansComplex tax returns
Self employed investors with complex tax returns
Bank statement loans2 to 4 unit properties
Buyers of 2 to 4 unit properties
FHA on multi unitHow it works
Conventional investment loans typically need 15% to 25% down and count your personal income and debts. DSCR loans compare the property's rent with its payment. When rent covers the payment by the lender's required margin, the loan can work without tax returns.
We also help owner occupants buy 2 to 4 unit homes with FHA or VA financing, which can be a lower cost way to start.
Key facts
- Conventional down payment
- Typically 15% to 25%
- DSCR loans
- Qualify on rent versus payment
- Ownership
- Personal name or LLC with many DSCR lenders
- Markets
- PA, NJ, DE, MD and FL, including Florida rentals
Common questions
What is a DSCR loan?
Debt Service Coverage Ratio. The lender divides the property's rent by its monthly payment. A ratio at or above the lender's minimum supports the loan.
Can I buy in an LLC?
Many DSCR lenders allow it. Conventional loans generally close in personal names.
How many financed properties can I have?
Conventional guidelines allow up to ten. DSCR and portfolio lenders can go beyond that.
