Question 1

Can I use rental income from the property I'm buying to qualify?

Accepted Answer

Yes. DSCR loans qualify you based on the subject property's projected rent, not your personal income. Most lenders want a 1.0-1.25 DSCR minimum.

Question 2

How many investment properties can I finance at once in Taft?

Accepted Answer

No hard limit with non-QM lenders, but each property requires its own reserves. Conventional loans cap at 10 financed properties total across your portfolio.

Question 3

What down payment do I need for a fix-and-flip in Kern County?

Accepted Answer

Hard money lenders typically want 20-30% down. Some bridge lenders go lower if you have equity in other properties or strong reserves.

Question 4

Do investor loans in Taft require tax returns?

Accepted Answer

DSCR loans skip tax returns entirely. Hard money and bridge lenders focus on assets and exit strategy, not income documentation.

Question 5

How do Taft rental rates affect my loan approval?

Accepted Answer

Lenders use market rent estimates to calculate DSCR. Low rents mean lower loan amounts or higher down payments to hit required ratios.

Investor Loans in Taft: Financing Kern County Rental Properties and Fix-and-Flip Deals