Turn your rental property into a long-term investment with financing designed for real estate investors. Qualify primarily based on the property’s rental income, without relying on personal income or tax returns.
Whether you’re purchasing a new rental, refinancing after a renovation, or expanding your portfolio, our Rental Loan Program offers competitive rates and flexible options for both long-term and short-term rental properties.
Rental Financing
Finance your rental portfolio with flexible options built for real estate investors.
Loan Information
Review eligible property types and common documentation requirements.
Park Place Finance DSCR Loans are designed for a variety of rental property types across urban and suburban markets.
Our rental loan process is designed around streamlined underwriting. Depending on the transaction, common documentation may include:
Why Park Place Finance
A streamlined lending process designed to help real estate investors move quickly when timing matters.
Competitive pricing and flexible financing options designed around a range of real estate investment strategies.
Access private financing for investment properties across markets nationwide with an experienced lending team behind you.
Built Around Your Investment
Whether you’re financing your first investment property or taking on
a multimillion-dollar luxury project, Park Place Finance has financing
solutions designed to meet you at every stage.
We work with first-time investors, experienced operators, builders,
and developers nationwide, providing flexible private capital for
projects of all sizes. Our goal is to provide the financing, speed,
and support investors need to complete their objectives and position
their investments for a successful return.
RECENTLY FUNDED
Explore recently funded properties and see how Park Place Finance supports real estate investors across markets nationwide.
Rental Financing
Learn more about DSCR, rental property financing, qualification, and how our Rental Loan Program works.
DSCR stands for Debt Service Coverage Ratio. It is a measure used to compare a property’s rental income to its monthly debt obligations and helps determine whether the property generates enough income to support the loan payment.
DSCR is generally calculated by dividing the property’s qualifying monthly rental income by the monthly housing payment, which may include principal, interest, taxes, insurance, and applicable association dues.
A DSCR above 1.0 means the property is generating more income than its monthly debt obligation. A DSCR below 1.0 means the monthly payment exceeds the qualifying rental income.
One of the primary advantages of a DSCR Loan is that qualification is based largely on the income generated by the investment property rather than the borrower’s personal income.
This can make DSCR financing useful for real estate investors, self-employed borrowers, and portfolio owners who may prefer not to qualify using traditional income documentation.
DSCR Loans may also allow investors to borrow through eligible business entities, depending on the transaction and program requirements.
DSCR Loan pricing can be influenced by several factors, including your credit profile, loan-to-value ratio, DSCR, property type, loan amount, and transaction structure.
In general, stronger credit, lower leverage, and a higher DSCR may help support more competitive loan terms.
Conventional financing often evaluates the borrower’s personal income, employment, debt-to-income ratio, and tax documentation. DSCR financing focuses more heavily on the investment property’s rental income and ability to support the monthly loan payment.
This approach can provide additional flexibility for investors who own multiple properties or have income that does not fit traditional lending guidelines.
Financing for investors acquiring and improving residential investment properties.
Short-term financing for acquisitions, refinances, and cash-out opportunities.
Flexible construction financing for builders and real estate investors taking projects from the ground up.
