Case Studies

A short-term rental DSCR loan for a 3-bedroom cottage in Naples Park, FL, where long-term rent produced failing DSCRs. See how Ridge Street Capital worked through the full income stream to finance the property.

A DSCR cash-out refinance on a short-term rental in Santa Rosa Beach, FL, funded in 22 days. See how STR income, not long-term rent, qualified a $1.38M loan and gave the investor $1.33M in cash at close without selling.

A DSCR purchase loan for a 3-bedroom rental in North Little Rock, AR at $73,500 - below the minimum most DSCR lenders will service. See how Ridge Street Capital underwrote a below-market acquisition at 1.56 DSCR with confirmed rental income and no income documentation.

A short-term rental DSCR purchase for a beach condo on Saint George Island, FL, financed on AirDNA projected income. See why long-term rent failed the qualification test and how the STR product closed the deal in 30 days.

A DSCR cash-out refinance on a high-value rental in Plano's Legacy West at 63.17% LTV. See how Ridge Street Capital underwrote to the actual signed lease, giving the borrower $770K in liquidity without selling.

A DSCR purchase loan for a 2-unit property in Oneida, NY at $64,000 - below most lenders' minimum thresholds. See how Ridge Street Capital underwrote a below-market acquisition at 1.39 DSCR with no income documentation required.

A 1936 mountain cabin at the gateway to Rocky Mountain National Park, financed on AirDNA projected STR income after a 22% price reduction. Long-term rent produced a 0.55 DSCR; short-term rental income pushed it to 1.20. See how the income methodology made the difference.

A fix and flip case study from Clewiston, FL where Ridge Street Capital underwrote both exit paths at close. A $97K auction purchase with $20K in rehab produced a viable flip margin and a 1.11 DSCR hold with under $26K cash to close.

A fix and flip case study from coastal Connecticut where two newer investors closed a $595K ARV project with 90% LTC financing and 100% of the $100K rehab budget covered. See how Ridge Street Capital structured the deal with $52,024 to close in 14 days.

A heavy rehab fix and flip in Biscayne Park, FL where Ridge Street Capital financed a $930K purchase and $474,250 rehabilitation as a single loan, closing in 8 days. See how $193K in cash at close produced a projected 79.3% return on capital.

A White Mountains vacation rental in Bartlett, NH that failed standard DSCR qualification on long-term rent. See how Ridge Street Capital used AirDNA projected income to fund the deal in 25 days.

This is a case study of a DSCR cash out refinance loan completed on an Airbnb property in FL in July of 2024.

See this featured fix and flip loan and learn about how we analyze deals.

A borrower in Manor, Texas used a DSCR cash-out refinance with a 5/6 ARM to fund his next acquisition, choosing the ARM product to match a defined five-year exit timeline.

An experienced out-of-state investor purchased a single-family rental in Seminole, Florida with 20% down and a 1.42 DSCR. The deal closed in under 30 days.

A DSCR cash-out refinance on a tenant-occupied rental in Waterloo, Iowa helped the borrower lower his DTI, improve his credit, and free up capital for future acquisitions.

A DSCR cash-out refinance with four co-borrowers in Oxford, Alabama, including two who signed from a UK military base. The deal closed on schedule without delays.

A first-time investor purchased a rental property in San Antonio, Texas using a DSCR loan — no income verification or prior experience required. Closed from out of state.

See this deal overview of a $1.55M 5-Unit Multifamily DSCR loan in NYC that Ridge Street Capital financed.