Elisha Mishael Loan Solutions
We are Elisha Mishael DSCR Mortgage Services, and we help real estate investors finance rental properties using Debt Service Coverage Ratio (DSCR) loans. Led by DSCR Mortgage Advisor Elisha Mishael, our focus is straightforward: we qualify loans based on a property's cash flow rather than your personal income, which makes financing more accessible for active and growing investors. We work with investors purchasing new rental properties, refinancing existing ones, and pulling equity through cash-out refinances. We also guide clients who want to close in the name of an LLC or other business entity, and we handle DSCR loans for Airbnb and short-term rental properties where lenders evaluate AirDNA data or historical income. Whether you are buying your first rental or expanding a portfolio, we can walk you through the options that fit your scenario. A good place to start is our DSCR scenario review, an informal consultation where we look at your property's expected cash flow, your goals, and your credit profile to discuss potential lender programs and next steps. Most reviews take just a short phone call. We work with investors across Florida, Texas, New York, California, Georgia, and New Jersey, and we understand that loan availability and guidelines can vary from state to state. Because we operate in the Non-QM space, we can also explore specialized programs when a scenario does not fit a standard box. Our goal is to give you clear, honest guidance so you can make confident decisions about your next investment. Reach out and let's review your numbers together.
Services
DSCR scenario review
An informal, initial consultation where property expected cash flow, goals, and credit profile are reviewed to discuss potential lender programs and next steps.
DSCR mortgage loans for rental property purchase
DSCR loans for purchasing new investment properties; qualifies based on property cash flow rather than personal income.
DSCR rate/term refinance
Refinance to lower rate or switch from a hard money loan, reviewing current equity and established rental history.
DSCR cash-out refinance
Allows investors to refinance an existing mortgage for more than owed and take the difference in cash, based on property rental income rather than personal income.
DSCR loans for LLC / entity investors
Guidance for investors closing DSCR loans in the name of an LLC or other business entity.
Why choose us?
Location & hours
5880 Collins Ave Apt 804, Miami Beach, Florida, 33140
FAQs
What is a DSCR loan?
A Debt Service Coverage Ratio (DSCR) loan is a mortgage designed for real estate investors. Instead of verifying your personal income through W-2s or tax returns, lenders qualify the loan based on the investment property's cash flow and its ability to cover its own debt.
What areas do you serve?
We work with real estate investors across Florida, Texas, New York, California, Georgia, and New Jersey. Keep in mind that lender availability and program guidelines can vary from state to state.
What is a DSCR scenario review and how long does it take?
It is an initial evaluation of your investment plan where we look at the property's expected cash flow, your loan goals, and your credit profile to discuss potential programs. Most reviews can be covered in a 10 to 15 minute phone call.
Can I get a DSCR loan to purchase, refinance, or cash out?
Yes to all three. We help investors purchase new rentals, complete rate/term refinances to improve terms or move off hard money, and use cash-out refinances to tap equity for further investments or improvements.
Can I close a DSCR loan in the name of an LLC?
Yes, closing in the name of an LLC or other business entity is very common with DSCR loans and helps keep personal and real estate assets separate. A personal guarantee is almost always still required.
Do I need perfect credit or a large down payment?
Perfect credit is not required, though higher scores generally provide better rates and terms. A down payment is needed since these are investment loans, and the exact amount varies by lender, property type, DSCR ratio, credit, and reserves.
Do you handle Airbnb and short-term rentals?
Yes. We provide DSCR loan guidance for short-term and vacation rental properties, where lenders may evaluate AirDNA data or historical 12-month income to project cash flow.
How can I get in touch?
You can call us at (347) 788-9652, email elisham@emloansolutions.com, or request a DSCR scenario review online. We are available Monday through Friday, 8:00 AM to 6:00 PM.