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Little Known Hack to Buy Rental Properties - No Income or Employment Needed
2 years ago
12
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mortgage
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FHA
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This is a little known HACK to buy rental properties.
Most banks will never tell you about this loan because most of them don’t even have this product,
But SMART INVESTORS use it all the time.
It’s called a DSCR Loan, and it stands for
Debt Service Coverage Ratio.
The BEST thing about this loan is there is
NO EMPLOYMENT and NO INCOME
Verification needed for it.
Which means
NO TAX RETURNS
NO PAYSTUBS
NO W2’S
It’s super simple, here’s how it works.
If the rental income covers the monthly mortgage payment
Then the deal qualifies.
It’s that SIMPLE!
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