It’s also important to recognize that DSCR loans provide the following benefits for investors: Lots of flexibility and significantly reduced dependence on the borrower’s income for loan approval. Amortization of these loans is based on the cash flow of the property and not personal revenue and therefore is suitable for those investors who own several properties or those who do not have high personal cash flow. Further, DSCR loans have relatively more attractive terms and offer a chance of obtaining greater amounts for a loan, all based on the property’s cash flow capabilities – making DSCR loans an effective means of building up a real estate portfolio.
Source: https://accountingbyte.com/dscr-loan/
Source: https://accountingbyte.com/dscr-loan/
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