10/07/2026
Just closed: 4-unit DSCR purchase in Los Angeles. No tax returns. No P&L. Zero borrower income docs.
The property qualified itself. Here’s the math 👇
🏢 Purchase price: $1,175,000
💵 Down payment: 35%
📉 Rate: 6.25% | APR: 6.39%
📆 30-year fixed, interest-only for the first 10 years
Monthly debt service (qualified on the interest-only payment):
• Payment: $3,859
• Insurance: $367
• Property taxes: $1,187
= $5,413/mo
Actual rents in place today:
• Unit 1: $1,044
• Unit 2: $2,100
• Unit 3: $2,000
• Unit 4: $1,675
= $6,819/mo
DSCR = $6,819 ÷ $5,413 = 1.26
Anything above 1.00 means the rent covers the debt. Approved. ✅
Self-employed, write everything off, or own too many doors for a conventional file? This is the loan that doesn’t ask what you earn — it asks what the building earns.
Have a rental deal that needs a lender? Let’s run the numbers.
📞 818-421-4737
Brian McKim | NMLS 381742
House America Financial | Direct Lender | Los Angeles
Rate and APR as of the closing date and subject to change. DSCR loan is a business-purpose investment property loan; not available for owner-occupied homes. Interest-only payment excludes principal; payment will increase after year 10. Figures shown are from an actual closed transaction and are not a guarantee of terms for any other borrower. Not a commitment to lend; all loans subject to credit and property approval. Equal Housing Opportunity.
4unit fourplex losangelesrealestate
