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DSCR RENTAL LOANS – INDIANA

Belcanto Capital offers long-term debt service coverage ratio (DSCR) rental loans to real estate investors who wish to grow their property portfolio in Indiana. A DSCR loan is  based on the value/cash flow of the property and not the income/assets of the borrower. It’s a perfect part of the BRRRR strategy – use a DSCR loan for a cash-out refinance after rehab.

Indiana Real Estate DSCR Loans for Investors

Indiana Areas Served

Any investment property in an Indiana urban or suburban setting may potentially qualify for a DSCR loan. These are the most common markets:

  • Indianapolis metro area
  • Fort Wayne
  • Evansville
  • South Bend
  • Bloomington

Basic DSCR Loan Terms

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs
  • Target DSCR = 1.20+

DSCR Ratio = Rental Income / (Principal + Interest + Taxes + Insurance)

LONG-TERM LOAN SOLUTIONS

RENTAL (1-4 UNIT)

Purchase or refinance of 1-4 unit properties based on the cash flow performance of the property (DSCR-type rental loan) so you can quickly add doors. Includes cash-out refinance options (BRRRR method)

RENTAL (5+ UNITS)

Purchase or refinance of 5+ unit properties based on the cash flow performance of the property (DSCR-type rental loan) to scale up your portfolio. Includes cash-out refinance options (BRRRR method)

RENTAL PORTFOLIO

Purchase or refinance of a collection of rental properties based on the cash flow performance of the properties (DSCR-type portfolio loan) for terms of 5 to 30 years, including cash-out options

Ready to get started in Indiana?

Let’s discuss your specific project scenario

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