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The Guide to Financing a Fixer-Upper: Risks, Rewards, and Loan Options
Buying a fixer-upper can be a financially strategic move, but it’s not without its challenges. While the potential for cost savings and long-term equity growth is appealing, buyers should also be prepared for unexpected expenses and added financial complexity. Some financial risks to keep in mind: Hidden issues – Even after a good inspection, problems like…
Read MoreUnderstanding DSCR Loans
Debt Service Coverage Ratio (DSCR) loans are specialized financial products designed primarily for investment properties. These loans focus on rental income rather than personal income, providing a unique advantage for investors. By examining the property’s cash flow instead of the borrower’s income, DSCR loans open doors for clients looking to maximize their real estate investment…
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