How To Use And Calculate DSCR Loans
Debt Service Coverage Ratio (DSCR) loans are essential tools for real estate investors and businesses aiming to secure financing based on their cash flow. Unlike traditional loans, DSCR loans focus primarily on your property’s income rather than your personal income. Here’s a breakdown of how they work, their benefits, and how to calculate your DSCR […]
Best Real Estate Investing Locations in 2022 and 2023
Real estate remains the top choice for investors. The opportunity to earn recurring income from rental properties – with the possibility of earning enough to fully cover the cost of a mortgage – makes investing in real estate a favorable option. In the past two years, there are many regions of the country that […]
DSCR Overview – Loan Programs, Benefits, and How to Qualify
DSCR Overview – Loan Programs, Benefits, and How to Qualify A debt service coverage ratio (DSCR) measures available cash flow in order to pay back any current loans, debt, or obligations. Some hard money lenders, like First Equity Funding, offer Debt Service Coverage Ratio, or DSCR, loans for real estate investors. These loans are […]
Sourcing Off-Market Deals
An off-market property refers to land, homes, or commercial real estate that is for sale and is not listed on the Multiple Listing Service (MLS). Foreclosures, short-sales, and bank owned homes are all considered off-market listings and are a great way to get a good deal on a property or investment project. What is a […]
The Advantages of Taking Out a Rental Loan
Deciding to buy a rental property can be difficult for first-time buyers. With the help of a rental loan, your first property purchase can be easy, save you money, and increase your business growth in years to come. With real estate demand at an all-time high, there is no better time to invest in a […]
Equity vs. Hard Money Loan…How to Decide Which is Best For You
Hard money and equity loans share a lot of similarities. They are both asset-based loans, meaning that they are backed by the value of the real estate property rather than the borrower’s credentials. Both loans are from non-traditional lenders instead of banks or national lenders. The biggest difference between hard money loans and private loans is […]
3 Ways Airbnb is Affecting your Real Estate Investments
Airbnb is a brilliant online platform that allows people to find places to stay while away from home. The goal is to introduce world travelers to places other than hotels, such as castles, igloos, and beach homes. Even if you don’t plan on staying anywhere unique, Airbnb digs up short-term rental properties with the best […]
Will the New Jersey Property Market Grow?
There’s no question that New Jersey is an expensive state to live in. Yet many residents say they are not willing to live anywhere else, even if it’s more affordable. The reasons why people pay the high cost of New Jersey living are plentiful: fantastic beaches, elite schools, exceptional health care, outstanding restaurants and low […]
Top 4 Reasons You Should Rely on Hard Money Lenders for Real Estate Loans
Finding a trustworthy and reliable financing solution when purchasing investment property can be difficult. Most conventional lenders have strict criteria that you have to meet, and underwriters take their time approving the loan. Even if the loan is approved, it’s often for less than originally requested. Also, if you don’t have a near-perfect credit score, […]
What is LTV When Taking a Loan?
According to an article published in the Nerd Wallet, the average US household with debt carries $15,675 in credit card debt and $132,158 in total debt. This projects a picture of finance that often goes unnoticed. If you look specifically at student loans, Americans owed about $1.3 trillion in student loan debt spread across 44 […]
