Build your real estate portfolio with the right financing.
Whether you're buying your first rental, expanding a portfolio, or running a BRRRR strategy, the right investment property loan can make or break the deal. We offer conventional, DSCR, portfolio, and short-term rental financing options for investors across California, New Jersey, and nationwide.
First-time investors buying a single-family or condo rental. Buy-and-hold investors building portfolios. House hackers using 2-4 unit multifamily as primary residences with rental units. BRRRR investors (Buy, Rehab, Rent, Refinance, Repeat). Short-term rental hosts running Airbnb or VRBO. Flippers needing bridge financing.
20-25% down, full doc, 30-year fixed. Best pricing for strong borrowers with tax-return-documented income.
Qualify on rental income only. No tax returns. Single-family, 2-4 unit, short-term rental.
Owner-occupied: 5% down with FHA or 5% with conventional. Investment: 25% down.
Finance multiple properties under one loan. Useful for investors with 4+ properties.
DSCR using projected STR income. Some markets have higher down payment.
Bridge or hard money for acquisition + rehab, then DSCR refinance to cash out.
Bank statement, P&L, asset-based for self-employed investors.
Pull equity from existing rentals to expand. Up to 75% LTV conventional, 80% DSCR.
Conventional: 620+. DSCR: 620+. Portfolio: 680+. Non-QM: 660+.
20-25% on single-family. 25-30% on 2-4 unit. Higher on short-term rental.
6 months PITIA per property is typical. More for multiple properties.
75% of market rent is counted toward DTI on conventional. DSCR uses full rental income.
Conventional caps at 10 financed properties. Portfolio and DSCR programs have no cap.
Tax returns and leases for conventional. Leases or rent estimates only for DSCR.
Common questions on investment property loans, answered by Ken Clark Jr., Certified Mortgage Advisor.
Conventional financing requires tax returns and personal income documentation, typically with 20-25% down. DSCR loans qualify on rental income only with no tax returns. Portfolio loans finance multiple properties. Non-QM programs (bank statement, P&L, asset-based) help self-employed investors qualify.
Conventional investment property requires 20-25% down on single-family and 25-30% on 2-4 unit. DSCR loans typically require 20-25%. Short-term rental loans often require 25-30%. House-hacking a 2-4 unit as your primary residence allows much lower down payments (3.5-5%).
Not directly. FHA and VA loans require the property to be your primary residence. However, you can buy a 2-4 unit multifamily property with FHA (3.5% down) or VA (0% down), occupy one unit, and rent the others. Many house hackers use this strategy to build portfolios.
DSCR loans qualify on the property's rental income rather than the borrower's personal income. Conventional investment loans require tax returns, W-2s, and DTI calculations. DSCR requires only credit, reserves, and a rental income estimate. Same property, two completely different qualification paths.
Conventional financing through Fannie Mae and Freddie Mac caps at 10 financed properties per borrower. Portfolio loans and DSCR loans have no cap. Investors with more than 4-5 properties often shift to DSCR and portfolio strategies.
Yes. Conventional cash-out on investment property goes up to 75% LTV. DSCR cash-out goes up to 75-80% LTV. Many BRRRR investors use cash-out refinance to recover their initial investment after stabilizing a rehabbed property.
BRRRR is Buy, Rehab, Rent, Refinance, Repeat. Investors acquire and renovate a distressed property using bridge or hard money, stabilize it with a tenant, then refinance into a long-term DSCR or conventional loan to pull cash back out and fund the next deal.
Yes. Investment property rates are typically 0.5-1.0% higher than primary residence rates because lenders consider rentals riskier. Stronger credit, lower LTV, and larger reserves help reduce the spread.