🏡How to Make $2,500/mo from 1 Airbnb in the Next 12 Weeks
DSCR (Debt Service Coverage Ratio) loan is a great option when buying a rental property.
In simple terms, the bank will lend you money if the property you’re buying can generate enough income to cover the loan.
To qualify, the property earning must be at least 1.25X the loan.
Also, maintain a good credit score because lenders require a solid credit history to assess your creditworthiness.
Getting into debt to buy a rental property is an investment move that not many people know about. Make sure the location is good and research indicated the property will perform as a rental.
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By: Legacy Investing Show Title: How to Invest in Real Estate with $0 income 🏡 Sourced From: www.youtube.com/watch?v=xo24560pgC8
