Investor Multifamily Capital | Andover, MA
Short-Term Rental Loans — Airbnb & VRBO Financing in Massachusetts
Qualify on Projected Short-Term Rental Income. No W2 Required.
Massachusetts short-term rental markets can create strong investor opportunities. IMC structures financing for Airbnb and VRBO acquisitions and refinances using short-term rental income potential.
Who This Is For
- Airbnb investors
- VRBO investors
- Coastal rental buyers
- Vacation rental owners
- Investors refinancing short-term rentals
Typical Uses
- STR purchase
- STR refinance
- Cash-out refinance
- DSCR-style qualification
- Portfolio expansion
25 Years Experience | Investor-Only Lending | No W2 Required | Close in 2-3 Weeks | Massachusetts Specialist
Program Parameters
Capital boxLoan Amounts$75K - $3M
LTVUp to 80% purchase / 75% cash-out
Min FICO660 (680+ best pricing)
DSCR Minimum1.0 (no-ratio available)
Property Types1-8 units, select 9+ commercial
Terms30-year fixed, ARM, interest-only available
Income DocsNone required
Closing2-3 weeks typical
How a Rockport, MA investor reviewed STR financing
Worked scenarioPropertyCoastal short-term rental
Purchase Price$685,000
Loan Amount$513,750
Key MetricSTR income
OutcomeProjected rental income reviewed for DSCR fit
Timeline18 days
FAQ
Investor searchesCan I get a DSCR loan in Massachusetts?Yes. IMC structures DSCR loans for eligible Massachusetts investment properties, subject to property cash flow, borrower profile, and capital source guidelines.
What DSCR ratio do I need to qualify?Many programs review DSCR at 1.0 or higher, with stronger pricing and structure generally available at higher ratios.
Do I need tax returns for a DSCR loan in MA?Most DSCR programs qualify the property based on rental income instead of personal W2 income or tax returns.
Can I use a DSCR loan for a short-term rental in Massachusetts?Yes, eligible STR properties may use projected or historical short-term rental income depending on the capital source.
How fast can I close a DSCR loan in Massachusetts?Clean files commonly close in 2-3 weeks, though timing depends on appraisal, title, entity docs, and underwriting.
What is the minimum down payment for a DSCR loan in MA?Many DSCR purchases start around 20-25% down, depending on property type, score, leverage, and DSCR.
Can I close a DSCR loan in an LLC in Massachusetts?Yes. LLC and entity borrowers are common for business-purpose investment property loans.