Is FlipX's DSCR loan program the best on the market?
FlipX's DSCR loan is a lending option designed specifically for real estate investors who are looking to scale their business and take advantage of investment opportunities in the market.
This type of loan is ideal for individuals with a 680+ credit score and a minimum Debt Service Coverage Ratio (DSCR) of 1.0.
The DSCR Loan
The DSCR loan offered by FlipX is a single rental property or portfolio loan that is ideal for rental properties, including single-family homes (2-4 units), condos, and townhomes. The loan amount can range from $100K to $10M, providing ample financing for real estate investors who are looking to make significant investments in the market.
One of the key benefits of the DSCR loan offered by FlipX is the high loan-to-value (LTV) ratio that is available for purchases. Up to 80% LTC is available for purchases, allowing real estate investors to leverage their equity to secure financing for their investment. This high LTV ratio provides real estate investors with the flexibility they need to scale their business and take advantage of investment opportunities in the market.
In addition to the high LTV ratio, FlipX's DSCR loan is also available with either a 30-year fixed rate or an interest-only option. This provides real estate investors with the flexibility they need to structure their loan in a way that suits their specific investment strategy and needs. Rates for the DSCR loan start at 6.625%, providing real estate investors with a competitive interest rate that can help them maximize their return on investment.
How can you use the DSCR program?
The DSCR loan offered by FlipX is available for purchase, rate & term, or cash out refinance. This provides real estate investors with the flexibility they need to structure their loan in a way that meets their specific investment needs. Additionally, there are no seasoning requirements for this type of loan, allowing real estate investors to take advantage of investment opportunities as soon as they arise.
The DSCR loan offered by FlipX is only available to LLC's, corporations, and LP's. This type of loan is designed specifically for experienced real estate investors who are looking to make significant investments in the market. Additionally, FlipX offers nationwide lending, allowing real estate investors to take advantage of investment opportunities across the country.
"FlipX has helped me grow my portfolio in a short time by offering the most competative rate and closed each of my transaction fast!" – Nexgen Investments
FlipX's DSCR loan is a great option for real estate investors
In conclusion, FlipX's DSCR loan is a great option for real estate investors who are looking to scale their business and take advantage of investment opportunities in the market. This type of loan provides the flexibility, speed, and customization that traditional loans cannot, making it a valuable tool for real estate investors who are looking to grow their business and secure their financial future. Whether you are looking to purchase a rental property, refinance an existing property, or take cash out of your investment, FlipX's DSCR loan is a great option for you. With a high LTV ratio, flexible terms, and competitive interest rates, this type of loan is designed to help real estate investors succeed in the market and achieve their financial goals.