DSCR REFINANCES. INVESTOR OUTCOMES.
Every investment property has a different story. Here are a few recent DSCR refinances I’ve helped investors get across the finish line.
The goal isn’t just to close a loan. It’s to help the financing accomplish something for the investor.
Single-Family Rental | Cash-Out DSCR Refinance
The refinance paid off the investor’s purchase and renovation capital and allowed the borrower to receive more than $20,000 in additional cash at closing.
After the refinance, the property was still generating more than $400 per month in cash flow.
THE RESULT
$20,000+ cash out while still cash flowing $400+ per month.Triplex | DSCR Refinance
The property had approximately $340,000 of purchase and renovation financing before the refinance.
The new $356,000 DSCR loan allowed the investor to recover the capital tied up in the project plus additional cash while retaining the property.
After refinancing, the triplex was still generating more than $500 per month in cash flow.
THE RESULT
Capital recovered. Property retained. $500+ monthly cash flow.Single-Family Rental | DSCR Refinance
Approximately $216,000 had gone into the purchase and renovation of the property.
The $218,400 refinance allowed the investor to recover essentially all of the capital invested in the property while keeping the finished rental.
THE RESULT
Buy. Rehab. Rent. Refinance. Capital recycled.Single-Family Rental | DSCR Refinance
The initial appraisal came in well below the value the borrower expected, creating a major problem: the investor needed to refinance out of existing hard-money financing.
I helped the borrower work through the appraisal process, provide relevant property information and pursue a new appraisal.
Ultimately, the property received the value needed for the refinance and the borrower was able to pay off the hard-money loan.
THE RESULT
A difficult appraisal didn’t have to kill the refinance.The challenge
Two Single-Family Rentals | Cash-Out DSCR Refinances
This investor had two rental properties and needed a cash-out program capable of reaching 80% LTV.
I found a DSCR program that fit the scenario and helped the borrower navigate appraisal issues and the refinance process on both properties.
Ultimately, the borrower was able to recover 100% of the capital invested in both deals while retaining both rental properties.
THE RESULT
Two properties. Two refinances. 100% of invested capital recovered.The financing goal
WHAT THE FINANCING MAKES POSSIBLE
For a real estate investor, the loan isn’t the end goal.
The goal might be getting your renovation money back. It might be replacing expensive short-term financing. It might be pulling equity out to fund the next acquisition. Or it might simply be putting stable long-term financing underneath a rental you plan to own for years.
That’s why I want to understand the deal before I start talking about the loan.
LET’S LOOK AT YOUR NEXT MOVE
Send me the property, the numbers and what you’re trying to accomplish. I’ll take a look at the available DSCR options.
You bring me the deal. I’ll help you figure out the financing.
Examples shown are previous transactions. Individual results vary and do not guarantee future outcomes. Cash-flow figures reflect the individual transactions and depend on expenses and assumptions. Loan programs, terms and qualification requirements vary by lender and borrower. All loans are subject to underwriting, appraisal and program eligibility; these examples are not a commitment to lend.