Co-Living DSCR Loans: The #1 Mistake Killing Approvals + Lender Tips (w/ Jada Thoele) 🔑

🚀 Want my help on YOUR deals? I now offer 1:1 Consulting Calls (limited to 1 per day). Book here 👉 http://buydealswithdustin.com If you’re trying to finance co-living (PadSplit-style) properties with DSCR loans, this interview with Jada (Subto lending pro, Houston TX) breaks down the #1 mistake investors make—and what lenders actually want to see to get your deal approved. What you’ll learn 💡 The top underwriting pitfall blocking co-living DSCR approvals ✅ Exact qualifying checklist (credit score targets, track record, rentals owned) 🧮 How appraisers/lenders treat LTR vs. co-living income (and what’s changing) 🏙️ Houston’s flexible zoning benefits for rent-by-the-room models 🎯 Why focused strategy beats shiny-object syndrome for new investors Chapters 00:00 Intro & who is Jada 00:51 Joining Subto & early journey 03:38 Wholesaling → lending path 05:59 Why Jada doubled-down on DSCR 07:40 Co-living lending today (transparency on approvals) 08:43 Appraisals, comps & why DSCR gets “wonky” for co-living 09:43 Buying existing co-living: what lenders require (T-12, 12-mo history) 10:15 Minimums that help: 680+ credit, at least one prior rental 11:48 Proof of funds/liquidity quirks investors miss 13:44 Will lenders ever use co-living income data? 16:28 Who ultimately buys the notes? (secondary market basics) 17:49 Can co-living be valued like small multifamily in the future? 21:27 Why Houston (zoning advantage) 23:21 The #1 mistake lenders make on co-living DSCR 26:03 Investor mindset: buy at today’s comps, win on tomorrow’s valuation 27:19 How to contact Jada (FB/IG/LinkedIn) 💼 Join Subto: https://join.nre.ai/mQ9TgWk If you’re serious about financing your first (or next) co-living deal, drop your questions in the comments and tell us where you’re buying. Want DSCR options for co-living? DM Jada on Facebook, Instagram, or LinkedIn Subscribe for weekly deep dives on co-living lending, DSCR strategy, and rent-by-the-room operations. 🚀 co-living DSCR loans, DSCR for PadSplit, rent by the room financing, co-living appraisal, DSCR underwriting guidelines, T-12 for DSCR, Houston zoning co-living, Subto lending, hard money vs DSCR, LTR vs co-living income, co-living lender requirements, credit score for DSCR, stabilize 12 months, income-based valuation, small multifamily comps Hashtags #DSCR #Coliving #RealEstateInvesting #PadSplit #HoustonRealEstate #RentalIncome #Subto #HardMoney