Episode 261: Everything You Need To Know About Hard Money
The Loan Officer Podcast
00:00
What Is the DSCR?
DSCR stands for debt service coverage ratio, which is total payment divided by income. We want to make sure that you're either breaking even or making money on it. Bridge means the loan is only a one or two year loan. It's enough time for me to buy it, rehab it, and then I need to fix it.
Transcript
Play full episode
