DSCR & Non-Conforming Properties – November Philly Market Update – Business, Family & Thanksgiving Wishes

I hope you’re easing into the holiday season and enjoying the cooler weather. In this month’s update, I’m breaking down DSCR loans and what investors need to know about non-conforming properties — two topics that have come up often recently and can create amazing opportunities when used correctly. You’ll also find a fresh look at the current Greater Philadelphia housing market, plus a personal update about my family and how the last few months have shaped both life and business.

DSCR LOANS & INVESTING

How DSCR Loans Help Investors Buy “Non-Conforming” Properties

If you’re thinking about investing but keep running into confusing rules about zoning, income, or financing, you’re not alone. Many great investment opportunities don’t fit neatly into traditional lending guidelines. That’s where DSCR loans can make a big difference.

A DSCR loan — short for Debt Service Coverage Ratio — is a type of loan where the lender focuses on the property’s ability to pay for itself. Instead of looking at your W-2 income, the lender looks at the expected rent. If the rent will cover the mortgage payment, you may qualify. This makes DSCR loans flexible and a popular option for investors, especially for properties that are considered “non-conforming.”

A non-conforming property is any property that doesn’t match its official zoning or doesn’t meet traditional lending requirements. These can be incredible wealth-builders if you have the right strategy.

Client Success Stories

Case Study: Sarah
Sarah found a rehabbed home set up as a duplex, but it was zoned as a single-family home. Traditional banks declined the loan. We adjusted the property by removing the second stove and adding an interior staircase, making it a legal single-family home with an in-law suite. This allowed her to secure a DSCR loan and close the deal.

Case Study: Michael
Michael identified a triplex in a zone limited to two units. By converting one unit into a common area and removing the kitchen equipment, we satisfied the duplex requirement for the loan. He is now moving through the legal re-zoning process, which will significantly increase the property's value once completed.

NOVEMBER MARKET UPDATE

The housing market across the Greater Philadelphia region is becoming more balanced. Inventory levels are rising, and buyers are finding more room for negotiation on inspections and repairs.

BUSINESS & PERSONAL UPDATES

I’m proud to share that I ranked #22 out of over 1,000 agents this past quarter. In just the last few weeks, we’ve put three new properties on the market and helped three more clients get under contract.

A Personal Note

I recently lost my father, an incredible educator and family man. I took time away to support my family, and I am deeply grateful for the kindness and messages many of you sent. We recently helped my mother move into her new home in a premier 55+ community. I have a new listing coming up in that same sought-after area after Thanksgiving—let me know if you know someone looking.

Thanksgiving Wishes

Thanksgiving is about appreciating the people around us. I’ll be continuing my tradition of playing football with high school friends before the big meal. I hope you all have a wonderful holiday, a great long weekend, and enjoy the Eagles game on Friday!

Warmly, Brad