Third Property in Venice Without Showing Income

Priya owned two long-term rental properties in Culver City. Both cash-flowing. Both financed conventionally.

When she found a property two blocks from the Venice boardwalk — perfect for Airbnb — her bank told her she had hit the conventional loan limit for investment properties. Too many financed properties, too much Schedule E complexity. Declined.

She was not looking to use personal income anyway. The property was going to pay for itself.

We ran the numbers using AirDNA projected short-term rental income for that zip code. Comparable units were averaging $6,800 a month. The mortgage payment on the deal was $4,950.

DSCR: 1.37. More than enough.

We closed in 21 days. Priya never had to show a W-2, a pay stub, or explain her Schedule E to anyone. The property qualified itself.

She is now averaging $7,200 a month on Airbnb. The mortgage is $4,950. You do the math.

If you are scaling a rental portfolio in Los Angeles and conventional lending has cut you off, DSCR loans are how you keep going.