DSCR Loans, Investor HACKS
DSCR Loans, Private Investor HACKS
Hello, Real Estate Investors, King James Lending Your Houston, Texas Private Money Lender has a SPECIAL ANNOUNCEMENT about DSCR Loans: Private Investor HACKS.
Wholesaler, House Flippers, AirBnB’ers, House Builders, and Contractors;
We invite you to schedule a meeting with us and get to know us.
- We want to meet you,
- get to know your goals,
- establish a relationship, and
- learn how we can best fund your next fix and flip investment property.
- Let’s get you to the NEXT LEVEL!
Reach us online at KingJamesLending.com or call (281) 909-7487
BUT THAT’S NOT ALL!
Once your short term loan matures, we will connect you to Jessica or Kaitie with Lamar Lending
Today, our neighbors at Lamar Lending have a new program especially for you!
The Investor Cash Flow (DSCR) Program:
Or, Debt Service Coverage Ratio (DSCR) program, which focuses on the property cashflow, so no other income documents are required. The Lamar Lending DSCR loans offer fast closings with minimal conditions, so the process is relatively hassle-free.
DEBT SERVICE COVERAGE RATIO = (GROSS RENTS or FORM 1007/216) / PITIA
DSCR > means that there is sufficient cash flow to cover the debt service.
DSCR> means that there is not enough cash flow to cover the debt service.
- 620 Minimum FICO required
- Close multiple loans at the same time
- Up to 85% LTV for Purchase
- Available for 5-8 Unit properties with ltv up to 70%
- No limit on the number of properties owned and you can finance up to 10 properties
- Non-Warrantable condo and Condotel allowed (up to 70% LVT)
- Qualify on Interest Only Payments – Great for qualification and cash flow purposes
How will you use the DSCR Loan?
Don’t hesitate to visit us. We would like to get to know you, learn your goals and see how we can best help you grow your wealth. We Recommend you schedule a meeting today. Building a strong relationship with your lender takes time. And because you never know when a perfect opportunity will arrive, it is best to start sooner than later.
We look forward to meeting you and getting to know you.