All of our CASE STUDIES, like this Charlotte, NC, DSCR Rental Loan case study for a loan in the amount of $197,200, showcase the real estate investment loans we have done for our clients. They give you real-life details about how other investors used our loan products to build their portfolios! From fix and flip and fix to rent loans to new construction, multifamily and rental loans, we do them all!
CASE STUDY OVERVIEW
Location: Charlotte, NC
Loan Amount: $197,200
iFC Loan Product: DSCR Rental Loan
Property Type: SFR
Loan Closing Date: 06/24/25
Purchase Price: $140,000
Monthly Rental: $1900
ARV: $264,500
Loan to value: 75%
Exit Strategy: Hold
Length of Loan: 30 Years
CASE STUDY DETAILS: DSCR RENTAL LOAN: Charlotte, NC
This Charlotte, NC, DSCR Rental Loan borrower is a repeat client of i Fund Cities. The investor does many BRRRR (Buy, Rehab, Rent, Refinance, and Repeat) deals in North Carolina.
The investor wanted to refinance a property using the actual, long-term lease amount, which was above the current market rent, for the DSCR calculation. However, his former lender would only calculate the DSCR using the market rent amount.
This meant that the borrower could not borrow as much money as he wanted to in the refinance.
HOW WE HELPED
i Fund Cities verified the higher lease amount and income using the borrower’s deposits and rent receipts. We were then able to use the actual, higher lease amount for the DSCR calculation.
Rather than bringing $40,000 to closing, which would have been the case with the previous lender, the borrower received cash at closing.
CUSTOMER FEEDBACK
“I can’t believe you got it done. I’ll make sure to send over more of these deals in the future.”