Home / DSCR / Cash-out the rental. Leave your tax return in the drawer.
Updated September 2026
DSCR cash-out
Cash-out the rental. Leave your tax return in the drawer.
A THEMONEYDOOR DSCR cash-out uses the property’s rent, not your W-2. You refinance the rental and pull equity. Purchase files often land near 80% LTV. Cash-out usually lands around 70 to 75%. Those are the screens we fund against, not a promise that every file hits the top. Credit, reserves, and the rent schedule still decide the number.
The screen
| Purchase | Cash-out | |
|---|---|---|
| Income docs | No tax returns | No tax returns |
| Usual LTV screen | About 80% | Often 70–75% |
| DSCR | About 1.00x, 1.25x better | Same ratio, tighter leverage |
| Best for | Buying the rental | Pulling equity or a BRRRR exit |
What we fund
- Rentals you already own
- BRRRR exits once the new rent is documented
- LLC vesting when the entity file is clean
What we still need. Short list.
- Credit is still reviewed. A lower score changes leverage, it does not skip the file.
- Reserves and down payment, sourced.
- Appraisal plus a lease, market rent, or a short-term rent schedule.
- Entity documents if you close in an LLC.
Questions
Why is cash-out leverage lower than a purchase?
It is a different screen. Purchase on a clean rental is often near 80% LTV. Cash-out more often lands at 70 to 75%.
Can DSCR be under 1.0 on a cash-out?
Sometimes, on Flexible DSCR, with reserves. It is not the standard 1.00x file.
Should I cash-out or open a HELOC?
If the first mortgage is cheap, a HELOC can leave it alone. If you want one new DSCR loan on a rental, cash-out can win. We text both options.
Is the cash guaranteed?
No. Guidelines are a screen. Appraisal, credit, and seasoning still have to be confirmed.
Related
These are the guidelines we screen. They are not a promise that your file hits the maximum. Credit-event seasoning, occupancy, and property condition still have to be confirmed. Not a commitment to lend. We text. We do not call.