Question 1

Can I use projected Airbnb income to qualify for an investor loan in Calistoga?

Accepted Answer

Yes, through DSCR loans that underwrite based on market rents or appraisal rent schedules. You don't need 12 months of actual rental history like conventional loans require.

Question 2

What down payment do I need for a Calistoga investment property?

Accepted Answer

Most programs require 15-25% down depending on credit score and property type. Higher down payments unlock better rates and more flexible approval terms.

Question 3

Do lenders count short-term rental income differently than long-term leases?

Accepted Answer

Yes. STR income needs stronger documentation and most lenders apply a vacancy factor of 25-40%. DSCR programs handle vacation rentals better than conventional loans.

Question 4

Can I finance multiple Calistoga properties simultaneously?

Accepted Answer

Yes. Portfolio lenders don't cap investment property counts like Fannie Mae does at 10 properties. You can scale faster with non-QM investor loan programs.

Question 5

How do fire insurance costs affect my investor loan approval?

Accepted Answer

Higher premiums reduce your net operating income, which lowers your DSCR ratio. Budget accurately for wine country fire insurance when calculating deal feasibility.

Investor Loans in Calistoga: Financing Wine Country Rental Properties