The Partner Playbook

Hey Name — saw the project came together, looks great. Quick thing in case it’s useful: if your cash is still tied up in it, there’s a refi that uses the current appraised value with no seasoning wait. Qualifies on the rent, not tax returns. Worth a look? your link

Subject: Getting your capital back out of the property Hi Name, Congratulations on wrapping up the property. One thing that comes up a lot at this stage — most lenders make you wait six to twelve months before you can refinance at the new value, which leaves your capital sitting in the deal instead of working on the next one. There is a program that uses the current appraised value with no seasoning requirement, and qualifies on the property’s rent rather than your personal income. I am not the one to talk numbers, but I can point you at someone who is. Here is where to start: your link Happy to make the introduction directly if that is easier.

Name — if the bank came back on your tax returns, that’s not the end of it. There’s financing that qualifies on what the property rents for instead of your personal income. No returns, no W2s. Different lane entirely. Here’s the short version: your link

Subject: Another route after a bank turndown Hi Name, You mentioned the bank came back on your tax returns. For what it is worth, that is an extremely common outcome for anyone taking depreciation and writing off expenses properly — it is a documentation problem, not a reflection of the deal. There is a lender I work with who qualifies investment property loans on the rent the property produces rather than personal income, so tax returns do not enter into it. I cannot speak to terms or whether you would qualify — that is their side of it. But if it is worth a look: your link

Before you lock financing on that one — worth comparing against a DSCR loan. Qualifies on the rent, and it doesn’t hit your personal DTI, so it doesn’t box you out of the next one. your link

Subject: Worth comparing before you commit to financing Hi Name, Since you are looking at the property right now, one thing worth knowing before you commit to financing. A DSCR loan qualifies on the property’s rent rather than your personal income, and because of that it does not count against your debt-to-income. Practically, that means it does not limit what you are able to buy after this one — which tends to matter more than people expect on the third or fourth purchase. If you want it looked at alongside whatever you are being quoted: your link

You mentioned you’re maxed on conventional — that ceiling is a DTI thing, not a you thing. Property-qualified loans don’t stack against your personal DTI the same way, so the count doesn’t cap out like that. Might be worth a conversation: your link

Subject: The limit you are running into may be the wrong one Hi Name, You mentioned you are at your limit on conventional financing. Worth knowing that the ceiling you are hitting is usually a debt-to-income calculation — which is a consumer lending measure, and a strange fit for someone building a portfolio. Financing that qualifies on the property’s income rather than yours does not accumulate against personal DTI in the same way, so the number of properties you already hold matters much less. I am not the right person for the specifics, but here is where to start: your link

Name — how’s the exit looking on the property? If that note’s coming due, refinancing into long-term fixed on the rent is usually the cleanest way out, and there’s no seasoning wait to deal with. Worth starting early: your link

Hey Name — been a while, hope things are good. I started working with a lender that does investor financing — qualifies on what the property rents for instead of tax returns. Made me think of you and the rentals you picked up. No pitch, just figured you should know it exists: your link