Case Studies

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DSCRInvestorSC

DSCR in Greenville, SC: 4 Units, DSCR 1.15, Cleared in 21 Days

Market rent underwriting, solid reserves, and a clean close.

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$512,000

Loan Amount

21 days

Clear-to-Close

Greenville, South Carolina

Location

4-Unit

Property Type

DSCR Success in Greenville, SC: 4-Unit Purchase

Seasoned investor, tight inspection window, mixed rent comps. CTC in 21 days.

The Challenges

  • Tight inspection timeline
  • Mixed rent comps
  • Large business deposits to paper-trail for reserves

The Playbook

  1. Ordered appraisal day one with 1007 + 216 rent schedule
  2. Used market rent to support DSCR while leases matured
  3. Documented 12 months reserves across two accounts
  4. Cleared title and insurance in parallel to preserve timeline

Outcome

  • Clear-to-close in 18 days; closed on day 21
  • Borrower retained ~$40k for light renovations
  • Ready for future portfolio refi (no rate quoted)

Coach's Tips

  • Pull rent comps early—don't wait for the appraisal
  • Paper-trail large deposits
  • Plan for reserves; DSCR is smoother with strong assets

Download PDF: DSCR in Greenville, SC: 4 Units, DSCR 1.15, Cleared in 21 Days

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