This page is for you if…
- You’re buying your first rental, or your fifth.
- Your tax returns don’t reflect what you really earn.
- You want to hold properties in an LLC.
- You found a fix-and-flip or distressed deal that needs to close fast.
- You’re running a rent-to-own strategy and need financing that fits it.
Your investor toolkit
Different deals need different financing. Here’s how the main options compare.
DSCR loans
Qualify based on the property’s rent, not your W-2s or tax returns.
- Rent ÷ payment (PITIA) = DSCR
- Close in your name or LLC
- 1–4 units, purchase or cash-out
Fix-and-flip / hard money
Asset-based, short-term loans for renovation and time-sensitive deals.
- Can close in as little as 7–14 days
- Based mainly on the property
- Higher rates and fees, so plan your exit
Conventional investment
Traditional financing for investors with clean income documents.
- Typically 15–25% down
- Competitive long-term rates
- Single-family to 4-unit properties
How DSCR works: a quick example
$2,450 monthly rent ÷ $2,049 total monthly payment (PITIA) = a 1.20 DSCR. In plain terms, the rent covers the full payment 1.2 times over. Hypothetical example for illustration only.
Run my numbers- Credit 620+ (700–740+ gets the best pricing)
- 20–25% down (as low as 15% on select programs)
- DSCR 1.00+ (sub-1.0 options exist)
- ~6 months of reserves
- Rent-to-own friendly with the right structure
Your path to the keys
- 1Discovery callYour goals, the deal and your exit plan.
- 2Scenario & pre-approvalRate, leverage and prepay options side by side.
- 3Contract & appraisalValue plus a rent schedule for DSCR loans.
- 4UnderwritingEntity docs, reserves and insurance check.
- 5CloseFund the deal and move to the next one.
What you’ll want to have handy
- Photo ID and credit authorization
- Two months of bank statements for down payment and reserves
- LLC documents (articles, operating agreement, EIN)
- Signed purchase contract
- Landlord insurance quote
- Lease or lease-option agreement, if applicable
Don’t have everything yet? That’s okay. Todd will tell you exactly what’s needed for your situation.
I’m an investor too. I own a long-term rental and a short-term vacation rental, so I know firsthand how much cash flow, reserves and the right loan structure matter. I’ll help you compare options quickly and honestly, so you can move fast when the right property shows up.
Good questions we hear a lot
What is a DSCR loan?
A Debt Service Coverage Ratio loan qualifies you based on whether the property’s rent covers its monthly payment, not on your personal income.
Can I close in my LLC?
Yes. Many investor programs allow closing in an LLC, usually with a personal guarantee.
How fast can a hard money loan close?
Often in about 7–14 days, depending on the property, appraisal and title.
What about rent-to-own deals?
They can work with DSCR financing. Qualifying rent is usually the lesser of the lease or market rent, and the prepayment terms should match your option period.
Do you work with first-time investors?
Absolutely. Todd can help you compare conventional, DSCR and 2–4 unit options for your first rental.
“Todd Lodge made this so easy for us. He gave us the best experience on this loan and helped us find the best deal.”
What’s your next deal?
Send Todd the address, price and expected rent or ARV. He’ll tell you which financing fits and show you the numbers before you make an offer.