DSCR cash out refinance - 5 Things you must know

With a DSCR cash out refinance your income is approved based on the cash flow of the property, not your personal income.

This is a great option to go with if you have substantial tax writeoffs that make your income look low on paper.

With a DSCR cash out refinance you do not provide tax returns, W2s, or pay stubs.

Your ability to repay the loan is based on the income on the property, your credit, and your assets.

Reach out at the link above, or give me a call directly anytime at 248-894-2763

[AndreKappel]

This needs way more views. Such good content brother.

[MsTM-bttu]

Thank you for the knowledgeable and informative video!😊

[malonsorealty]

Hello Adam - thank you for creating this video. I think it was simple to understand and thorough. I do have a question for you - I was recently told ( yesterday, lol) by a loan officer that a requirement of the DSCR loan includes owning a primary residence? I have not run into this before. I have an investment property paid in full under an LLC. It has been rented now for the past 3 yrs - going on my 4th year with same tenant and a contract. Property valued at $520, 000 and I am looking for $100, 000 cash out. Turns out, she says, that because I do not own a primary residence - I do not qualify for a DSCR Is this correct?

[lisaconyers]

Excellent content! I have an Airbnb I’ve been renting and I would like to purchase it. How do I get in contact with you please?

[ItsLaShantell]

Can you do a cash out refi on DSCR with no money down?

[GREATTHINGSent]

What does someone's credit score have to be to do a dscr cashout?

[ignaciosanchezofficial]

Do you recommend closing in LLC or sole owner? And why? Thanks

[cmgrealestatellc]

What if it’s a section 8 property and the rents are significantly higher

[valeriab]

Now redo your video without using banking terms making it more understandable for the average person. I just recently went into the bank because the house I was looking at and wanted to buy wanted pre-approval even though I was going to be paying mostly in cash. Problem was they got all bent out of shape and wanted me to prove where I got my money they literally told me I had to prove where I had gotten my money I'm almost 70 years old how in the heck am I supposed to prove where it came from when I've been collecting it for a long time didn't matter