Video Transcript:
This special loan only checks the house’s money, not your own. It seems very simple, but one small math mistake can stop the deal cold. I’m David Ghazaryan. I look at all the house bills, not just the loan payment. Things like taxes and fees are what truly matter most. The rent number we use is not what you just say. We must use the smaller number between your lease and what an appraiser decides. If the house you want to buy is empty, we cannot guess. We rely completely on the appraiser's report to see if the deal works. Higher property taxes or even a small HOA fee can change everything. These costs are added to the bills, making the math much harder to pass. This system has clear rules that I explain across my platforms. For the complete article and more details, see the links below in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/dscr-loan-calculation-for-las-vegas--reno-investors
