Good morning everyone,
I have been saving up for a downpayment for my first rental property and I am aiming for something in 2026 or 2027. I'm still in the early stages of just learning what to look for and asking questions and running the math on properties I think have potential.
However I recently learned about DSCR loans and learned the basics in how they are different compared to conventional.
Since this will be my first investment property does it make sense to go with DSCR loan at all?
Especially since I currently have zero debts. Car owned. No student debts. I currently rent an apartment. Only debt comes from groceries but everything is always paid in full at the end of the month.
It seems like taking a dscr wont provide a benefit unless i do something more complicated like and LLC or start buying a lot of property quickly.
Thanks!
Posted by Fruginni