• How To Finance Short-term Rentals (Airbnb and VRBOs)

  • Nov 17 2022
  • Duración: 13 m
  • Podcast

How To Finance Short-term Rentals (Airbnb and VRBOs) Por arte de portada

How To Finance Short-term Rentals (Airbnb and VRBOs)

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  • DSCR stands for Debt Service Coverage Ratio.  Think of this as an investor loan for both short (airbnb) and long term rentals. 

    A little background on what a DSCR loan is:
    The formula for the debt-service coverage ratio requires net operating income and the total debt servicing for the entity. Net operating income is a company's revenue minus certain operating expenses (COE), not including taxes and interest payments. It is often considered the equivalent of earnings before interest and tax (EBIT).

    Can finance over 10 properties, 1-4 unit homes, and 5-8 unit properties as well.  
    Loan amounts up to $2.5m.
    Min 20% down required.
    Credit scores as low as 620.

    Reach out to me or Tracy Joy directly if you'd like more information on this great loan program!  

    Dan Keller (mlo# 115349)
    Mortgage Advisor
    call/text: (425) 350-7136
    dankellermtg@gmail.com
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