Thanks for a great live session today everyone. Today's homework is: 1. 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) 2. Calculate the DSCR for 3 of the listings on your shortlist. 3. Highlight a deal if it hits the DSCR criteria of the lender. Please post a screenshot of #2 and comment "DONE" in this thread.

So cool. I have a student rental that has lots of equity in Hamilton and was able to refinance it using commercial financing (rate was not bad at 5.9%). No income needed, based entirely on the strength of the property (so essentially a DSCR loan) Happy to share details if interested.