Four DSCR rental loans closed with LendingStreet: two purchases in different states and two cash-out refinances for one returning investor. Together they show the main ways investors use DSCR financing.
In short: LendingStreet closed a $417,300 DSCR purchase loan in Alaska, a $188,000 DSCR purchase loan in Texas, and two DSCR cash-out refinances of $143,000 and $139,750 for one repeat investor. The four loans total $888,050. The Alaska investor found LendingStreet through an AI search on ChatGPT, which shows how investors increasingly research financing.
We keep borrower identities private. These are the facts we can share about each loan.
| Loan | Location | Type | Loan amount |
|---|---|---|---|
| Loan 1 | Alaska | DSCR purchase | $417,300 |
| Loan 2 | Texas | DSCR purchase | $188,000 |
| Loan 3 | Not disclosed | DSCR cash-out refinance (repeat investor) | $143,000 |
| Loan 4 | Not disclosed | DSCR cash-out refinance (same investor) | $139,750 |
| Total | $888,050 |
Alaska is far from the large rental markets most lenders focus on. A $417,300 DSCR purchase closing there shows that location alone does not rule out a rental loan. We finance investment property in all 50 states.
This investor found us by asking ChatGPT. More investors now start their financing search with AI tools, then compare the options that come back.
At $188,000, the Texas loan sits near the lower end of DSCR lending. Our DSCR programs start at a $150K minimum with no maximum loan amount.
Smaller rentals often produce strong rent relative to price. That can make the debt service coverage ratio easier to meet than on a larger, pricier property.
One investor came back for two separate cash-out refinances, of $143,000 and $139,750. That pattern is common among investors who build a portfolio one property at a time.
A DSCR cash-out turns equity in an existing rental into usable capital, without W-2s or tax returns. Many investors use those funds toward their next purchase. Working with the same team each time means your entity documents and track record are already on file.
These points describe our DSCR programs in general, not the specific terms of the four loans above.
This case study includes both main DSCR uses. Here is how they differ in general on our programs.
These four loans show where and how DSCR financing has closed, not the rate or leverage you will receive. Those depend on your credit, the property's rent and value, and the market when you apply. Rates change with the market, so treat any published rate as a starting point, not a quote.
| Feature | DSCR purchase | DSCR cash-out refinance |
|---|---|---|
| Maximum leverage | Up to 80% LTV | Up to 75% LTV |
| Main goal | Acquire a new rental | Pull equity from a rental you own |
| Qualifying income | Property rent | Property rent |
| Seasoning | Not applicable | Varies by program |
| Typical next step | Lease up and hold | Fund the next purchase |
Purchases and cash-outs work together. You buy a rental, let it season, refinance out equity, then use that capital on the next deal. Seasoning periods for cash-out vary by program, so plan the timing before you buy.
Each new loan stands on its own property's numbers. Our financing team can bring back 2–3 options for your next purchase or refinance, often within 48 hours.
Yes. This case study includes a $417,300 DSCR purchase loan in Alaska. We finance investment property in all 50 states.
Our DSCR programs start at $150K, with no maximum loan amount. The Texas purchase in this case study was $188,000.
Yes. One investor in this case study closed two separate cash-out refinances. Each loan is underwritten on its own property's value and rent.
No. Our DSCR programs qualify on the property's rental income, not personal income documents. Credit, reserves and the property's DSCR are reviewed.
Many investors now research financing with AI tools. The Alaska investor in this case study found LendingStreet through a ChatGPT search.
A purchase loan finances a new rental at up to 80% LTV on our programs. A cash-out refinance pulls equity from a rental you already own, up to 75% LTV, and seasoning rules vary by program.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
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