How To Finance Short-term Rentals (Airbnb and VRBOs) Artwork

Happy HomeOwner Podcast

This is not your parent's economy. Traditional education around mortgage, money, real estate and investing isn't equipped to get you to your financial finish line! The lack of financial education cost Americans 450 billion in 2022! Today, we're finding that homeowners are equity rich and cash poor.. another word for broke, and get this, 78% of Americans are living paycheck to paycheck. This needs to change!We help great people like you make smart financial choices, beginning with their mortgage so they can become Happy Homeowners one day! As a top 1% mortgage advisor in America, and successful equities and real estate investor, I bring in guests and relevant content that teaches you modern money and financial fundamentals we all need learn and apply to be Happy Homeowners!

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Happy HomeOwner Podcast

How To Finance Short-term Rentals (Airbnb and VRBOs)

November 17, 2022 • Dan Keller

DSCR stands for Debt Service Coverage Ratio. Think of this as an investor loan for both short (airbnb) and long term rentals.

A little background on what a DSCR loan is:
The formula for the debt-service coverage ratio requires net operating income and the total debt servicing for the entity. Net operating income is a company's revenue minus certain operating expenses (COE), not including taxes and interest payments. It is often considered the equivalent of earnings before interest and tax (EBIT).

Can finance over 10 properties, 1-4 unit homes, and 5-8 unit properties as well.
Loan amounts up to $2.5m.
Min 20% down required.
Credit scores as low as 620.

Reach out to me or Tracy Joy directly if you'd like more information on this great loan program!

Dan Keller (mlo# 115349)
Mortgage Advisor
call/text: (425) 350-7136
dankellermtg@gmail.com

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Dan Keller

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