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Once you read this, you’ll become a rental property loan expert! If you are thinking about dipping your toe (or foot or entire body) into the rental property pool, you’ve probably read, heard, or seen the term “rental property loan.” “Rental property loan?” you may have thought. “What do those words even mean?” We got you, boo. First things first, let’s answer the question, “What is a rental property loan?” Great question, glad you asked. Also known as an investment

Think you can’t get an investment property loan when you’re self-employed? Think again

We have no idea how or where or why it got started, but for some reason people have it in their heads that if you are self-employed then it is impossible to secure an investment property loan to buy real estate. Well that’s just a bunch of poppycock and gobblygook.

The moment you decide to invest in a rental property is the moment when you need to get a rental property loan. And here’s how. Hey, you! No…not you… the other person reading this. Yes…YOU! We heard you want to invest in a rental property. Smart move. Owning rental properties area great way to generate a passive income stream that can help you from now until retirement, not to mention that it diversifies your investment portfolio and creates an asset

So, you know what a DSCR loan is. But do you know what a No-DSCR loan is?

“Wait,” you might be thinking. “No-DSCR loans are a thing? Really? Aren’t they just the exact opposite of a DSCR loan?”

Not all investment property loans are created equal. Much like superheroes, some have awesome powers (aka, Wonder Woman), while others are kind of meh. (Looking at you, Aquaman.)

Say you’re looking into getting an investment property loan, a rental property loan, or even a fix and flip loan, and you run into the term, “DSCR loan.” Here might be the flood of thoughts that immediately rush through your brain: “Huh?” “What even is a DSCR loan?”