Question 1

Can I buy a Berkeley rental property in my LLC?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. It's one of the program's biggest advantages for investors building a portfolio.

Question 2

Does short-term rental income count toward DSCR?

Accepted Answer

Some lenders accept Airbnb income using a market rent estimate or 12-month rental history. Not all do — you need the right lender for this.

Question 3

What credit score do I need for a DSCR loan?

Accepted Answer

Most programs start at 620. Scores above 700 get meaningfully better rates. Rates vary by borrower profile and market conditions.

Question 4

How is DSCR calculated on a Berkeley duplex?

Accepted Answer

Add both units' gross rents and divide by the total monthly mortgage payment. Higher combined rent makes duplexes easier to qualify.

Question 5

Can rent-controlled Berkeley properties still qualify?

Accepted Answer

Yes, but lenders use current allowable rent — not market rent. A below-market tenancy can drag your DSCR below the lender's minimum.

Question 6

How much down payment does a DSCR loan require?

Accepted Answer

Typically 20-25% for a standard approval. Lower DSCR ratios or lower credit scores usually push that requirement higher.

DSCR Loans in Berkeley, CA — Qualify on Rent, Not W-2s