When financing an investment property, DSCR (Debt Service Coverage Ratio) and hard money loans offer distinct advantages tailored to different investor needs. DSCR loans are primarily calculated based on the property’s potential or actual rental income. This means lenders look at the property’s ability to cover loan payments through its income, making these programs ideal for stabilized, income-producing properties. Compared to hard money, DSCR loans typically have lower interest rates and longer repayment terms, which can result in lower monthly payments… Continue Reading