If you’re a real estate investor without W-2 income, a traditional mortgage lender can feel like a dead end. You’ve got assets. You’ve got cash flow. You’ve even got a solid rental property ready to go. But what you don’t have is time to explain write-offs, business income, or 1099s.
That’s where no personal income DSCR loans for rental properties come in.
These investor-friendly loans allow you to qualify based on the property’s performance—not your personal tax returns or income. In this guide, we’ll show you how they work, what you need to qualify, and how to get funding fast.
🔎 What Are DSCR Loans?
DSCR stands for Debt Service Coverage Ratio. This type of loan measures how well your property’s rental income covers the monthly mortgage.
Here’s the simple formula:
DSCR = Net Operating Income / Monthly Mortgage Payment
If your rental makes more than it costs to own each month, that positive cash flow is your golden ticket.
And unlike conventional loans, no personal income DSCR loans for rental properties don’t require:
- W-2s
- Tax returns
- Debt-to-income calculations
They’re all about the asset—not you.
🧠 Why Investors Choose No Personal Income DSCR Loans for Rental Properties
These loans are a top choice for:
- Self-employed or 1099 investors
- Those with high write-offs on tax returns
- Real estate pros scaling a rental portfolio
- Retired investors living off passive income
No personal income DSCR loans for rental properties give you the freedom to grow your portfolio without constantly justifying your income to banks.
✅ Basic Requirements (What You Do Need)
You may not need income docs, but you do need:
| Requirement | Typical Guideline |
| Minimum DSCR | 1.0 – 1.25 |
| Credit Score | 640+ (700+ preferred) |
| Down Payment | 15–20% |
| Reserves | 3–6 months of payments |
| Rental Income | Lease or market rent comps |
Instead of asking how much you make, lenders focus on how much the property makes.
🧾 Example Scenario
Let’s say you want to buy a $400,000 duplex in Anaheim that generates $3,200/month in rent. After taxes and expenses, your NOI is $2,500. Your projected mortgage payment is $2,000/month.
DSCR = $2,500 / $2,000 = 1.25
That’s solid. With decent credit and 25% down, you’d likely qualify for a no-personal-income DSCR loan in a matter of days.
👉 Check out our DSCR Loan Calculator to see your cash flow projections
🛠️ Common Use Cases
These loans are especially popular when:
- You’re self-employed and file low taxable income
- You’re buying through an LLC (LLC is great, but not required)
- You want to avoid triggering income-based DTI issues
- You’re acquiring multiple properties quickly
Because there’s no personal income review, you can scale faster.
🆚 DSCR vs Conventional Loans
Here’s how they compare:
| Feature | Conventional | DSCR (No Income) |
| Income Docs | Required | Not required |
| DTI Ratios | Required | Not used |
| Speed | Slower | Faster |
| Ownership Type | Must be personal | LLC allowed |
| Property Type | Limited | Wide range allowed |
If you’re investing full-time or using real estate for retirement income, no personal income DSCR loans for rental properties give you more flexibility and control.
🚫 Who Might Not Qualify?
You might not qualify if:
- The property’s rent is too low to cover the mortgage
- Your credit score is under 620
But even in borderline cases, flexible lenders like Deal Street Capital can often make it work.
🏆 Why Work with Deal Street Capital?
We specialize in no personal income DSCR loans for rental properties. That means:
- Fast closings (as fast as 10–21 days)
- Investor-first service from people who’ve been in your shoes
- Custom scenarios for short-term rentals, value-add properties, and unique situations
- No W-2s or tax returns ever required
Our team understands that investing isn’t about spreadsheets—it’s about smart decisions, fast funding, and maximizing your returns.
👉 Get a custom rate quote in minutes and see how easy it is to fund your next deal.
📝 FAQ: No Personal Income DSCR Loans
Q: Can I use a DSCR loan if I’m self-employed?
Yes! That’s exactly who they’re built for.
Q: Do I need a tenant in place?
Not always. You can use market rent comps from an appraisal.
Q: Can I buy in an LLC?
Absolutely—and it’s often recommended for liability protection.
Q: Is a prepayment penalty required?
Some lenders include a 1-3 year prepay penalty, but flexible options are available.
📣 Final Thoughts
No personal income DSCR loans for rental properties are redefining how investors access capital. Instead of jumping through hoops to prove income, you can let your assets speak for themselves.
Whether you’re buying your first rental or scaling to your tenth door, Deal Street Capital helps you get there faster—with less friction.
👉 Apply now and fund your next property with confidence.