Question 1

Can I get an investor loan with less than 20% down in Colma?

Accepted Answer

Yes, but options narrow. Some portfolio lenders accept 15% down with strong credit and reserves. Hard money lenders may go as low as 10% down on fix-and-flip deals with solid equity potential.

Question 2

Do DSCR loans work for new investors with no rental history?

Accepted Answer

Yes. DSCR lenders approve based on the property's projected rent, not your landlord experience. You'll need an appraisal showing market rent covers 1.25x the mortgage payment.

Question 3

What's the fastest way to finance an investment property in Colma?

Accepted Answer

Hard money closes in 10-14 days with minimal documentation. Expect 8-12% rates and 65-75% loan-to-value. Most investors refinance into conventional or DSCR loans within 12 months.

Question 4

How many investment properties can I finance simultaneously?

Accepted Answer

Conventional loans cap at 10 financed properties. DSCR and portfolio lenders have no property limits. Rates increase 0.25-0.5% per property after your fourth financed investment.

Question 5

Are there investor loans that don't verify income?

Accepted Answer

Yes. DSCR loans skip income verification entirely. Approval depends on the property's debt service coverage ratio—typically 1.0-1.25x rent to mortgage payment.

Question 6

What reserves do lenders require for Colma investment properties?

Accepted Answer

Expect six months PITI per financed property. A borrower with three investment properties needs 18 months total reserves. DSCR lenders sometimes reduce this to 3-6 months with strong credit.

Investor Loans in Colma: Finance Rental Properties Near San Francisco