Question 1

Do I need to show personal income to qualify?

Accepted Answer

No. DSCR loans qualify based on the property's rent income, not yours. Tax returns aren't required.

Question 2

Can I use a DSCR loan for a short-term rental?

Accepted Answer

Some lenders accept Airbnb income using market rent data. Not all do — this is lender-specific.

Question 3

What's the minimum down payment for an investor loan?

Accepted Answer

Most programs require 20-25% down. Cash-out refinances may allow slightly more flexibility.

Question 4

How fast can a hard money loan close in Ventura County?

Accepted Answer

Hard money can close in 5-10 days. That speed comes at a cost — rates run significantly higher than DSCR.

Question 5

Can I finance multiple properties at once?

Accepted Answer

Yes. DSCR loans don't cap your property count like conventional loans do. Portfolio lenders handle blanket loans too.

Question 6

What credit score do I need for a fix-and-flip loan?

Accepted Answer

Hard money lenders care more about the deal than your score. Most still want 620+ as a baseline.

Investor Loans in San Buenaventura, CA