Transform Rental Income with DSCR Cash Out Secrets

How to Qualify for DSCR Cash-Out Refinancing

To qualify for DSCR cash-out refinancing, lenders typically require a DSCR of at least 1.25, meaning the property generates 25% more income than the debt service costs. It's crucial to have accurate and up-to-date financial records of your rental income and expenses to present to potential lenders. Additionally, maintaining a good credit score and a low loan-to-value (LTV) ratio can improve your chances of securing favorable refinancing terms³.