Anyone have experience using/getting DSCR loan? Any info would be much appreciated!

like
Posting as :
works at
You are currently posting as works at

Yes, they exist. But you’d better have pretty solid projection, and expect to only use 60% of the revenue to qualify

Rates are also typically higher by a quarter or more

Related Posts

like

Is anyone’s company offering to pay portion of your rent as home office expense? Especially if company is no longer paying for commercial office space?

like

1099 or w-2 ? I have been given the option though the company prefers w-2. It’s a day rate booking couple of months or more (no end date). I already have 1099 from similar company this year and am leaning towards 1099, but I don’t want to be difficult. I do take home office deduction and they are not supplying any equipment. Suggestions?

like

Looking for referrals in London/UK. Currently I don't have work permit and would need company sponsored visa. 5+ years of experience in IT, present location is India, any help would be greatly appreciated.

like

Looking for a referral as Associate - Operational Support in Bain and Co , Delhi

like

I want to dispose my office chair and i live in Newton. Anyone knows if i can leave it curbside or where i can check for the details?

funny

Hey beautiful people,
I’m 27Y and work in tech. Unfortunately my carpal tunnel is getting worst slowly. I’m worry that I still have like 45 years more to be retired and can’t stop working because I have a f* mortgage to pay 😭 I have a super ergonomic workstation, but I know my hand needs a long rest, and I can’t do it… Does anyone relate? What do you recommend?

like

What’s everyone doing nowadays?

like

My wife has been told by her boss to come up with 28 hours of PD for her district's paraprofessionals-does anyone know of any free online courses that would be appropriate?

like

Anyone hear talks of layoffs in Advisory? I know my office is laying off Assurance and BTS (Tax) staff but haven't heard much of Advisory yet.

like

Curious what agency producers / creatives think about using freelance editors lately? Seems like it’s an inevitable future.

like

Any assurance AM's here ? What is the salary range ? Qualified CA

like

People who pivoted/trying to pivot to PM - what resources did you use/do you recommend? There are some online courses or boot camps that have $1-2k tuition fees - worth it? Which ones are worth it?

like

Any Boston weekend activity recommendations? Just moved here for school and looking for ideas!

like

Anyone here from modern delivery team? Under CIO Advisory?

like

I have seen that Some people are seriously demeaning Publicis Sapient looks like they have a personal grudge. I would suggest to connect with your HR and manager in PS or look for right people on LinkedIn.

likefunny

Finally some good news - USCIS furlough cancelled!

likeuplifting

Anyone joining Pune Location as DATA ANALYST in July or August ? let's connect

I'm not in sales per se but I manage my company's largest wholesale account ($150 million per/yr account). It's a great company, awesome culture, good benefits, flexibility, but the pay is not great ($60K/yr). All the pros outweighed the mediocre pay, but now with inflation rising, my paycheck isn't going as far and I'm having a really hard time trying to figure out if I should start looking elsewhere or if I should ask my boss for a raise.

likehelpful

Additional Posts in The Real Estate Bowl

I’m planning on getting my real estate license this spring! My biggest hesitation is that I currently live downtown Chicago and do not own a car. I really do not want to buy or lease a car as the area I live in requires a garage spot to park. Is it realistic to believe that I can be a real estate agent in Chicago if I rely on Uber/CTA?!

like

Thinking about purchasing a property in the Turks and Caicos Islands. Anyone done this? Looking to learn more about the pros/cons of international / Caribbean property ownership.

like

Any potential flags/benefits for dual agency? My agent and the seller's agent work for the same company.

like

Is it legal to collect the rent in a separate LLC even though rental property is not owned by the same LLC?

like

I'm under contract for a new build in progress that won't be done until much later this year. I fully expect interest rates will be higher than what I originally estimated. I may or may not try to lock in a good rate early, but I'm planning on renting it out and this throws a bit if a wrench in my margins. I can take it financially, but wondering, If I absolutely needed to get out of buying it, what recourse do I have? Or could I go ahead, and refinance later (who knows rates at that time...)?

like

Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

like

Do you thank your tenants for paying the rent? A quick thank you text?

like

Can I negotiate for a longer pre-approval period? I live in a hot market so likely will take longer than 60-90 days to secure something. Or does the pre-approval auto extend without a bunch more paper work?

like

I heard you need to show a net worth of 100% of the loan amount. Have you heard about this?

like

Can I get a commercial loan without 25% down?

like

I'm a first time home buyer and got pre qualified back in Jan. Hard pull on credit docked me a few points. I wasn't able to close and now considering another hard pull for a different mortgage company offering better rates.
I'm new to this and this may be a stupid q but I'm looking for input from the bowl on whether to do this hard pull and get pre-qualified with a few more mortgage companies. Any advice is appreciated. Thank you

like

What do you all think of fundrise and start engine Real estate Reit ? Any experience? Would you invest here if you didn’t have the time to actually buy and rent properties? Any insight is welcome.
Thanks

like

What's the best city in UK to buy a buy to let property, with best returns?

like

Where are you buying your kitchen cabinets? Used Ikea in the past but that's clear not going to work right now.

like

At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

like

For those who use property management companies to manage your rental properties, what are the services that you really value and will switch out to a different one if not getting such services?

We just moved into a 50 year old house. We got the popcorn ceiling removed in the garage plus had the walls done. We didn’t use an official asbestos expert because of the price.

The horrible, dirty people that lived there before us left us a crappy mess. Hope we are not exposed, nor the neighbors.

like

Is a sloped floor of 1/2” over 10’ noticeable? I have to make room for conduit and cannot trench in my current place

likesmart

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

like

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal