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Debt Service Coverage Ratio Secure Financing For Your Investment Properties
This is a shorter episode for you guys today. Kelly wants you to be getting out there investing, and building your money and empire. Listen to him explain this quick and easy napkin investment calculation metric to make a part of your due diligence process to help make your loans be more likely to be approved, which means you can buy more properties and make all the wealth and cashflow your little heart desires.
“Once you show this to the bank, or your mortgage broker shows this to lenders, your lenders and the banks are gonna look at your personal info, the assets, your credit profile, investment experience, corporate credit, how leveraged you are, whether you can safely service more debt, or whether or not the assets you’re considering acquiring can service their own debt.” 6:15
- What is debt coverage ratio? 1:00
- Using this with banks 2:55
- An example 7:45
“Once you show this to the bank, or your mortgage broker shows this to lenders, your lenders and the banks are gonna look at your personal info, the assets, your credit profile, investment experience, corporate credit, how leveraged you are, whether you can safely service more debt, or whether or not the assets you’re considering acquiring can service their own debt.” 6:15
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By LaunchPod Media inc.
5
55 ratings
This is a shorter episode for you guys today. Kelly wants you to be getting out there investing, and building your money and empire. Listen to him explain this quick and easy napkin investment calculation metric to make a part of your due diligence process to help make your loans be more likely to be approved, which means you can buy more properties and make all the wealth and cashflow your little heart desires.
“Once you show this to the bank, or your mortgage broker shows this to lenders, your lenders and the banks are gonna look at your personal info, the assets, your credit profile, investment experience, corporate credit, how leveraged you are, whether you can safely service more debt, or whether or not the assets you’re considering acquiring can service their own debt.” 6:15
- What is debt coverage ratio? 1:00
- Using this with banks 2:55
- An example 7:45
“Once you show this to the bank, or your mortgage broker shows this to lenders, your lenders and the banks are gonna look at your personal info, the assets, your credit profile, investment experience, corporate credit, how leveraged you are, whether you can safely service more debt, or whether or not the assets you’re considering acquiring can service their own debt.” 6:15