What are some common mistakes to avoid when getting a DSCR loan?

Common mistakes to avoid include: * **Overestimating rental income:** Be realistic about potential rental income and factor in potential vacancies[3]. * **Underestimating expenses:** Accurately account for all property-related expenses[3]. * **Not shopping around for the best rates:** Compare loan terms from different lenders to find the most favorable options[12]. * **Not understanding the terms of the loan:** Carefully review the loan agreement, including prepayment penalties and other important details[15].