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The Appraisal Killed My DSCR Loan Deal (Here's What I Did) Ep 358
Manage episode 522394935 series 3300103
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Are appraisals killing your DSCR loan deals? π± Donβt let a low appraisal ruin your investment! [Episode 1]
In this episode, we cover appraisals, DSCR ratios, reconsideration of value, rental comps, and more.
β¨ Key takeaways:
β’ DSCR dropped from 1.3 to 0.95 due to a low appraisal.
β’ Understand the 1007 form for rental income calculations.
β’ Use the Reconsideration of Value process effectively.
β’ Be cautious with seasonal rental markets and their impact.
β’ Know lenders may raise rates with a DSCR below 1.0.
π§ Subscribe/Follow Chasing Financial Freedom
#DSCR #realestateinvesting #cashflow #investorloans #duediligence
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