Rental Property Financing
Rental property financing covers the purchase or refinance of income-producing residential properties, from a single-family rental to small multifamily buildings. Investor programs, especially DSCR loans, qualify deals on the property's income so your portfolio can grow past conventional loan limits.
Best uses
- Buying your first or fifteenth rental
- Refinancing hard money into long-term debt
- Cash-out refinancing to redeploy equity
- Converting a flip into a long-term hold
Typical borrower profile
- Buy-and-hold investors at any scale
- Self-employed investors
- Out-of-state investors buying in cash-flow markets
Potential qualification factors
Every lender sets its own criteria, and no factor guarantees or blocks approval on its own. Commonly reviewed items include:
- Property income and DSCR
- Loan-to-value ratio
- Credit score and reserves
- Property type and condition
Documentation to have ready
- Government-issued ID
- Entity documents (LLC or corporation)
- Purchase contract or payoff statement
- Property details and photos
- Insurance quote or declarations page
- Leases or market rent support
- Reserve statements
Benefits
- Programs built for investors, not homeowners
- No cap tied to conventional loan count limits in DSCR programs
- 30-year fixed options keep payments stable
- Close in an LLC with many lenders
Common challenges to plan for
- Investor pricing runs above owner-occupied loans
- Reserves requirements protect the lender and constrain cash
- Condition issues can complicate approval
Frequently asked questions
Conventional or DSCR for a rental?
Conventional can price lower if you qualify and have few financed properties. DSCR wins on documentation ease and scalability. Many investors use both at different stages.
Can I finance a rental in an LLC?
Yes, many investor programs are designed for entity ownership. Conventional loans generally are not.
How many rentals can I finance?
DSCR and portfolio programs do not carry the conventional ten-property ceiling, so growth is limited by deals and reserves, not a loan count.
What reserves do lenders want?
Commonly a few months of payments per property, varying by program and portfolio size.
How funding works with Bluejacket
Submit Your Request
Two minutes online with basic details about your goal.
Speak With a Funding Advisor
We review your situation and gather what lenders need.
Review Your Options
Compare structures side by side and pick what fits.
Receive Funding
Complete the lender's process and put capital to work.
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Submit a short request and a funding advisor will follow up with options matched to your situation.