How To Get A Mortgage For A Rental Property – Forbes Advisor

If you’ve ever thought about investing in rental property, now may be a good time. Mortgage rates remain historically low, and rental income could offer valuable protection against ongoing economic uncertainty. And with economists predicting a wave of foreclosures in 2021, there may be more people l

Source: How To Get A Mortgage For A Rental Property – Forbes Advisor

There many ways.

1. organize your info for submission,                                                              -a)PFS, b) last 12 bank statements, c) tax returns d) resume                              e) loan summary and property info (include outside and inside photos

2. Know options for loans

full documentation (small bank and conventional- fannie may type loans.

Alt doc- stated income , DSCR loans- These are the most flexible and are based on property value, rent and cash flow, borrower credit – These are loans that DB capital – Texas Investor loan closes.  – 214 824 0417