Thinking about a DSCR loan for your property investment? 🏠 Let’s talk about reserves! 📊 Reserves are crucial when securing a DSCR loan. What are they? They’re essentially a safety net of funds, usually six months’ worth, to cover unexpected expenses like repairs or vacancy periods. 🛠️🚪 These reserves aren’t escrowed, but you’ll need to show them in a bank account before your loan can close. It’s all about ensuring you’re prepared for the ups and downs of property management.💡 Want more deta

Recourse vs. Non-Recourse Loan: What's the Difference?

A DSCR loan is a powerful tool for investors. Instead of qualifying for a loan personally, the property itself qualifies based on its rental income. Your creditworthiness matters, but the focus is on the property's ability to generate cash flow. This can be a game-changer in your financial strategy! #RealEstate #Finance #Investing #GetUpleveled credit(IG): Franc Bispo - @franc_bispo SF0445 | Uplevel Entrepreneur

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