Ohio has become a destination of choice for real estate investors because of its Affordable real estate prices, high rental demand and the growing economy. That you invest in Cleveland, Columbus, Cincinnati or Dayton, Finding the right financing option is essential to maximize your yields. Traditional mortgage loans often have challenges for investors, such as … Read more
A debt service coverage ratio (DSCR) loan is a type of loan primarily used by businesses or real estate investors to obtain financing without relying on personal income or credit scores. Instead, the lender evaluates the borrower’s ability to repay the loan based on the income generated from the property or business. DSCR is a … Read more
If you are considering investing in real estate, one of the first questions that probably comes to mind is: How much deposit do I need? In New Zealand, banks charge 30% for an investment property due to Reserve Bank rules. There are some exceptions, however, such as new construction, which have more flexible requirements. Additionally, … Read more
How to calculate the DSCR point to benefit from a DSCR loan? Calculating the DSCR for your Pennsylvania investment property is simple. First, determine the annual rental income the property is expected to generate. Then calculate the total annual debt service, which includes the mortgage payment (principal and interest). Divide the rental income by the … Read more