Resources
Guides for real estate investors
Plain explanations of how business-purpose real estate financing actually works — including the parts that go wrong.
Mixed-Use DSCR Rules: Commercial Unit Caps and Why Vacant Retail Kills the File
DSCR lenders cap commercial space at 25-30% of a mixed-use building — and every commercial unit must be leased at closing. A vacant retail…
Read →How to Cash-Out Refinance a Rental Property: LTV Limits by Credit Score and Loan Size
DSCR cash-out refinances on rental properties max out at 75% LTV, but credit score and loan size push many borrowers to 70% or 65%.…
Read →Ground-Up Construction Loans: Why Lenders Want One Completed Ground-Up Deal First
Most ground-up construction lenders require at least one completed ground-up project in your experience. Here's why that requirement exists and what counts.
Read →Multifamily Value-Add: Bridge to 75% LTC, Then Refinance into DSCR
How the two-loan sequence works on a multifamily value-add deal: bridge financing at acquisition, DSCR refinance after stabilization, with the full arithmetic on a…
Read →DSCR Loans for First-Time Investors: The Five Conditions and Why Each Exists
First-time investors can qualify for DSCR rental loans, but the underwriting gate is specific: 700 FICO, DSCR above 1.0, 80% LTV cap, six months…
Read →DSCR Below 1.0: How a 0.75x Rental Still Qualifies, with the Leverage Trade-Off
Most lenders stop at 1.0x DSCR. A 0.75x rental can still qualify under DSCR programs—but you pay for that flexibility in lower leverage, higher…
Read →No Money Down Fix and Flip Loans: What 90% LTC Actually Costs at Closing
A 90% LTC fix and flip loan still leaves you paying the 10%, plus points, closing costs and interest carry. On a $250,000 project…
Read →90% LTC Fix and Flip Loans: What “Light Rehab” Means and When You Get 85% or 80% Instead
Which fix and flip deals reach 90% of cost, why most land at 85% or 80%, and the worked arithmetic on what each tier…
Read →Reading a Term Sheet: The Six Lines That Decide the Deal
Six term sheet clauses that determine your real cost, timeline, and exit options — and where lenders bury them.
Read →Ground-Up Construction Draws: How Money Is Released Against Verified Progress
Construction lenders release funds in stages tied to verified milestones, not calendar dates. Here's how the draw schedule actually works and what triggers each…
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