Finance an investment.
Rental property is a numbers decision. Compare financing structures against the property's income and costs before you commit.
What the first conversation covers
- The property, your plans for it and your timeline
- Financing structures worth comparing, including DSCR
- Down payment, reserves and payment scenarios
What the numbers usually include
- The property
- Price, condition, expected rent and property type.
- Down payment and reserves
- Investment loans often ask for more of both than a primary residence.
- Income approach
- Whether to qualify on personal income or mainly on the property's rental income, as with DSCR loans.
- Ongoing costs
- Taxes, insurance, maintenance and a realistic allowance for vacancy.
Loan topics to compare
- Investment property and DSCRFinancing for rental property, including loans qualified on rental income.
- Conventional loansLoans without a government guarantee, for primary homes, second homes and rentals.
- Cash-out refinanceBorrowing against home equity by replacing your mortgage with a larger one.
Program availability, terms and eligibility are confirmed with Sapan against current Secure Choice Lending guidelines and the states where he is licensed.
Share the property details, and Sapan can lay out the structures side by side.