by Eric Krattenstein | Sep 10, 2025 |
TL;DR (Executive Summary) DSCR for SFR/2–4 is simple: Underwritten Gross Rent ÷ PITIA. Hit ≥1.10×–1.25× and life gets easier. For 5–10 units, many lenders switch to NOI ÷ Annual Debt Service — we still size 5–10 the same as 1–4 (Rent ÷ PITIA), then sanity‑check the...
by Eric Krattenstein | Aug 25, 2025 |
Introduction: flipping in a split‑market year If 2024 felt like trying to flip a house while the market kept moving the furniture, 2025 feels more like someone finally turned the lights on. We can see the room again—prices, demand, and costs are no longer sprinting in...
by Keith Quinney | Aug 14, 2025 |
Recently Funded Fix & Flip Loan In Rockford, IL Loan Scenario: This project showcases a fix and flip loan for a single-family property in Rockford, Illinois. The home was purchased for $201,000, with a renovation budget of $24,000. American Heritage Lending...
by Eric Krattenstein | Mar 25, 2025 |
Recently Funded Fix And Flip Loan In University Park, IL Loan Scenario: This fix-and-flip project involves a single-family detached home located in University Park, Illinois. The property was purchased for $128,000, with a rehab budget of $50,000. The total loan...
by Eric Krattenstein | Oct 14, 2024 |
Recently Funded DSCR Loan In Chicago IL Loan Scenario: American Heritage Lending recently funded this DSCR loan in Chicago, Illinois. The subject property is a 6 bedroom, 3 bathroom 3-unit properly originally built in 1911. Owned free and clear and worth $457,000, AHL...
