Real Estate Investor FAQs
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DSCR Loans – Basics
What is a DSCR loan?
A DSCR loan qualifies you based on property cash flow, not personal income or tax returns.
Do I need tax returns?
No. Qualification is based on rent vs mortgage payment.
What is a good DSCR?
1.0+ preferred. Some lenders allow 0.75 with higher down payment.
Can I use projected rent?
Yes. Appraisers can use market rent estimates.
Credit score needed?
660+ typical. 680+ gets better rates.
Down payment?
20–25% typical. Mixed-use may require more.
NYC-Specific Questions
Mixed-use properties?
Yes. Retail + residential combos funded.
Rent stabilized units?
Yes, underwritten conservatively.
Zoning issues?
Experienced lenders understand NYC zoning.
Vacant units?
Yes. Market rent used.
Properties needing work?
Light cosmetic OK. Heavy rehab needs hard money.
Which boroughs?
All five NYC boroughs.
Deal Structuring & Scenarios
BRRRR refinance?
Yes. DSCR great for cash-out refi.
Scale portfolio?
Yes. No 10-loan cap.
Messy taxes?
Doesn’t matter. Property cash flow only.
Multiple properties?
Experience helps approval.
LLC ownership?
Yes. Most lenders allow.
Max loan?
$3–5M typical.
Income & Documentation
What docs needed?
Contract, rent roll, insurance, bank statements.
What are reserves?
6–12 months PITI liquid assets.
Future rental income?
Sometimes allowed.
Fluctuating income?
Doesn’t matter.
Rates, Fees & Closing
Rates higher?
0.5–2% higher typical.
Fees?
Origination, appraisal, title, recording.
Closing time?
21–45 days typical.
Pre-approval?
Yes.
Working With BKDSCR
Are you a lender?
No. I connect you with lenders.
How do you get paid?
Paid by lenders. Free to investors.
Why work with you?
I know who closes your deal.
What if rejected?
I restructure and re-place.
Only DSCR?
No. Other options too.
How to start?
Run numbers at BKDSCR.com.
Red Flags & Common Mistakes
What kills deals?
Low reserves, bad credit, bad appraisals.
Fake rent roll?
Never. Fraud.
Multiple lenders?
No. Hurts credit.
Denied by bank?
That’s who I help.
Still have questions?
Email: vic@bkdscr.com | Web: BKDSCR.com