Question 1

Can I use a DSCR loan to buy in Tiburon with an LLC?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. It's one of the reasons investors prefer DSCR over conventional financing.

Question 2

How fast does hard money close compared to DSCR?

Accepted Answer

Hard money can close in 5–10 days. DSCR typically takes 2–4 weeks. Speed matters on competitive Marin listings.

Question 3

What credit score do I need for each loan?

Accepted Answer

DSCR lenders generally want 660 or higher. Hard money lenders are more flexible — some approve below 600.

Question 4

Can I refinance a hard money loan into a DSCR loan?

Accepted Answer

Yes, and it's a common strategy. Acquire with hard money, stabilize the property, then refinance into DSCR for long-term hold.

Question 5

Do DSCR loans require an appraisal?

Accepted Answer

Yes. Lenders need to confirm value and rent reasonableness. Hard money lenders also appraise, often focusing on after-repair value.

Question 6

Which loan has lower rates in Tiburon?

Accepted Answer

DSCR rates are typically lower than hard money rates. Rates vary by borrower profile and market conditions.

DSCR vs Hard Money Loans in Tiburon, CA