Investment property lenders require a PFS to assess your financial strength. Create yours in 5 minutes — show your portfolio like a pro.
Create Investor PFSAll loan types supported
Each loan type has different requirements, but most need a Personal Financial Statement
Debt Service Coverage Ratio loans qualify based on rental income, not personal income. Lenders typically look for 1.0-1.25x DSCR.
Loans for multi-family (5+ units), mixed-use, office, retail, and industrial properties.
Asset-based, short-term loans for fix & flip or bridge financing. Faster closing but higher rates.
Single loan covering multiple properties. Great for scaling your portfolio with one payment.
Follow these guidelines for accurate property reporting
In the Real Estate Assets section, create a separate line item for each property. Include the property address and type (SFR, duplex, multi-family, etc.).
Report the current market value, not your purchase price. Use recent comps, appraisals, or conservative Zillow/Redfin estimates. Be realistic — lenders will verify.
In the Liabilities section, list each mortgage with its current payoff balance (not original loan amount). Match each mortgage to its corresponding property.
Your equity in each property = Market Value - Mortgage Balance. This shows lenders your real estate wealth and skin in the game.
If properties are owned by an LLC, report your equity ownership in the LLC as a business interest, not the individual properties. Example: "50% ownership in ABC Properties LLC - $250,000 equity value"
Understanding what investment property lenders look for
Cash and liquid assets for down payments, closing costs, and reserves. Many lenders require 6-12 months of PITIA reserves.
Total assets minus liabilities. Strong net worth shows you can weather vacancies and repairs.
Number of properties owned/managed. Your PFS shows your real estate track record.
Yes, most DSCR lenders require a PFS. While the loan qualifies based on rental income (not personal income), lenders still want to see your overall financial picture, experience level, and ability to cover unexpected expenses.
For recently purchased properties (within 6-12 months), you can generally use the purchase price. For properties held longer, use current market estimates based on comps, or get a professional appraisal for accuracy.
If you own properties through an LLC, report your ownership percentage of the LLC's equity value as a business interest. Don't double-count by also listing the individual properties. Ask your lender for their preference.
Requirements vary, but expect 6-12 months of PITIA (Principal, Interest, Taxes, Insurance, Association fees) as reserves. Your PFS should show sufficient liquid assets to cover this plus any down payment and closing costs.
Yes, most do. Hard money lenders are asset-based, but they still want to see you have skin in the game, experience, and the financial ability to complete the project if things don't go as planned.
Get your Personal Financial Statement done in 5 minutes. Perfect for DSCR, commercial, and portfolio loans.
Create My Investor PFSFree to fill out. $9 PDF download.