Lendmire Research

Why Your First Property Does Not Have To Be Your Home — No law, lender rule, or tax code says you must own a home before you own a rental.

A DSCR loan qualifies primarily on the property’s rental income covering the payment, not on personal pay stubs or years of landlord history.

Renters Can Be Real Estate Investors — Owning your own home has never been a prerequisite for financing an investment property.

Underwriting looks at the property’s rent-to-payment math, your credit profile, and your cash reserves — never your personal housing history.

The financing piece that makes it work is a DSCR loan, which qualifies you on the property’s rent instead of your job history or your home-state income.

Can A College Graduate Buy An Investment Property — Yes.

A growing number of investors buy rental property in a different, more affordable market instead — while staying put where they live.

This article is for general informational purposes only and does not constitute legal or tax advice.

Most investors asking this question aren’t actually choosing between two products they’d use for the same deal.

Loans above $1.5 million typically step up to around nine months.

A few programs stretch to 85% LTV (15% down) for borrowers with strong credit and solid rental coverage.

Every figure here varies by lender and program — guidelines, property type, leverage, and credit profile all apply.

A 620 floor shows up on some programs, but 660 is the more common comfort zone, and 700+ is where the best leverage tiers open up.

The rest of this piece walks through exactly how that gets applied, file by file.