Rent Converter | Own Your Home for What You’re Paying In Rent
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Meredith Silk on Instagram: "🏘️ #1 Hack Investors Use to Buy More Properties (Without W-2 Income) Most investors get capped by income and DTI. This loan skips both — if you know how to use it correctly. 👇 Here’s how it works: 1️⃣ What a DSCR Loan Is • Qualification is based on the property, not you • No W-2s, tax returns, or income verification • No traditional debt-to-income limits 2️⃣ How Approval Actually Works • Lender looks at projected rent vs. mortgage payment • If rent covers the payme
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Rent vs buy math is simple over 10 years. If rent is $3,000 today and increases about 4% per year, that same place can cost around $4,400 a month in a decade. A fixed-rate mortgage payment can stay steady while you build equity through principal paydown and home appreciation. Even a $400,000 home appreciating 5% annually could be worth about $650,000 in 10 years. Same payment. Two outcomes. #realestate #mortgagetips #firsttimehomebuyer
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