Question 1

Can I get an investor loan with LLC ownership?

Accepted Answer

Yes, most DSCR lenders allow LLC ownership without requiring personal guarantees. Rates stay the same whether you close in your name or your entity.

Question 2

Do I need reserves for each investment property?

Accepted Answer

Most lenders require 6 months reserves per financed property. That means cash or liquid assets covering six mortgage payments for every property with a loan.

Question 3

What if the property doesn't cash flow yet?

Accepted Answer

You need either a bridge loan until it's stabilized or enough reserves to cover negative cash flow. DSCR lenders won't approve properties showing rent below the mortgage payment.

Question 4

How many properties can I finance at once?

Accepted Answer

It depends on the lender—some cap at four, others go to ten or unlimited. Portfolio lenders handle higher property counts better than conventional programs.

Question 5

Can I use projected rent or just actual rent?

Accepted Answer

Lenders use an appraiser's market rent opinion, not your current lease. A vacant property can still qualify based on what comparable units rent for in Pinole.

Investor Loans in Pinole: Finance Your Rental Property Portfolio