Mar 8 in DSCR
Day 4 Homework
Thanks for a great live session today everyone.
Today's homework is:
- Contact the local credit union in the market you're searching, and see if they can give you a Debt Service Coverage Ratio (DSCR) and Loan-to-value (LTV) parameter for what they'd loan to you for an investment property. (If you can't reach them, just use 1.25 DSCR)
- Calculate the DSCR for 3 of the listings on your shortlist.
- Highlight a deal if it hits the DSCR criteria of the lender.
Please post a screenshot of #2 and comment "DONE" in this thread.
Complete action
4
23 comments
Day 4 Homework
skool.com/realistgroup
Build a Cash Flowing Canadian Real Estate Portfolio!
To unlock full calendar and content portal inside our premium group, follow link below. ⬇️
Leaderboard (30-day)
1
+6
2
+6
3
+4
4
+3
5
+3
powered by