VP Capital Lending: DSCR Rental Property Loans | |
VP Capital Lending offers DSCR rental property loans tailored for real estate investors, focusing on the property's cash flow rather than the borrower's personal income. The key metric, Debt Service Coverage Ratio (DSCR), measures a property's ability to cover its debt obligations, typically requiring a ratio of at least 1.25. This means the property must generate 25% more income than needed for debt payments, allowing for easier qualification, higher loan amounts, and flexibility across various property types. Loan terms can range from 5 to 30 years with both fixed and adjustable rates. Eligibility is primarily based on the property’s income and expenses, with good credit scores helping secure better terms. These loans are ideal for investors looking to expand their portfolios or finance property improvements. | |
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Target State: South Carolina Target City : Columbia Last Update : May 31, 2024 6:18 PM Number of Views: 34 | Item Owner : VP Capital Lending Contact Email: Contact Phone: 8034851080 |
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