Bonus: DSCR Loans Explained (Finance Rentals Without Tax Returns, Bank Statements, Or Pay Stubs)

On this episode, Caeli Ridge breaks down how to buy a rental property using a DSCR loan — a type of financing where the lender doesn't care about your personal income.

• No tax returns.

• No pay stubs.

• No bank statements.

Instead, the loan is based on the income the property will generate. Caeli walks us through real examples of what kind of purchase price and rent numbers make a deal work, how lenders determine expected rent, and what kind of down payment you'll need. We also cover:

• The types of properties that qualify

• How DSCR loan rates compare to traditional financing

• Prepayment penalties to watch out for

• Whether cash-out refis are possible with this loan type

Contact Caeli: 1-855-747-4343 [e-mail] RidgeLendingGroup.com Thanks To Our Sponsor: RentalTrial - Rental accounting software made easy