Financing
DSCR loans, down payments, and what a lender actually reads.
What is a DSCR loan, and why does it come up so often?
A DSCR loan is underwritten on the property's debt service coverage ratio: projected income divided by the loan payment. It is the usual route for investors who already carry a mortgage or are self-employed.
How much do I need to put down?
Most short-term rental loans land between 20% and 30% down. Under 25%, expect a rate bump.
Does a short-term rental need a different loan than a second home?
Often, yes. A second-home loan assumes you occupy the property part of the year and limits how much you can rent it. Renting year round makes an investment or DSCR product the honest fit.
Will the projected revenue on a listing count as income?
Lenders use their own appraisal, typically a rent schedule from a licensed appraiser. GoDoor's projections are a starting estimate, but no lender underwrites from them directly.
Can I finance a property in a market with permit caps?
Yes, but the regulatory read matters. If a market caps permits and the property holds none, some lenders discount the projected income or decline. Check the regulations panel first.
What does GoDoor charge for this?
Nothing. Partners pay us when a deal closes.
The tools
The deal calculator and the kit around it.
Are the tools really free?
Yes. No card, no trial clock, no export paywall.
Do I need an account to run a deal?
No. The calculator runs in your browser and we do not store the numbers you type. If you want to keep a scenario or send it to a partner, copy the share link: everything you entered is encoded in the URL.
Where do the default numbers come from?
Measured stats from markets we have pulled data on, captioned so you can see what they are. Every field is editable.
Is the rate the calculator shows a quote?
No. It comes from a rate matrix keyed to credit band and loan-to-value: planning grade, nothing more. A real rate depends on the property, the appraisal, and the day you lock. Send us the deal for the real number.
Can I use it on a property I already own?
Yes. Enter what you paid and what it earns and you get the same coverage read a lender would run on a refinance or a cash-out.
When do the other tools open up?
The market map runs inside the product today and opens publicly next. Amenity ROI and the regulation lookup follow it.
Services
The AI property marketing line: site, brand, accounts, posting.
What are the AI marketing services?
We build and run the marketing for a rental: a property website that takes direct bookings, a name and a look, the social accounts, and posts going out every week.
Do I have to finance with you to buy a package?
No. The two lines are separate.
What does it cost?
Packages are monthly and start at $490 a month, with a one-time build if you need the site and the brand from scratch. No setup fee stacked on top, no annual contract.
See the packagesWho writes the posts, a person or a model?
Both, and in that order. A model drafts from the property's photos, calendar and market; a person edits before anything publishes.
Do I own the website and the accounts?
Yes, from the first day. The domain, the site and the social handles are registered in your name.
How long until it is live?
A launch build is usually two to three weeks from the day we have photos to a site taking bookings. Posting starts the week after the accounts are warmed up.
Working with us
Who we are, how we get paid, and what happens after you write in.
How does GoDoor make money?
Two ways. Lenders pay us when a loan closes, which is most of the revenue. Owners pay us monthly for marketing services.
Are you a lender?
No, we are a broker. We package your file and place it with lenders who fund short-term rentals every week.
Does getting paid by lenders make you biased?
A loan that falls apart in underwriting pays nobody, so the real incentive is placing your file where it will close.
Where do you work?
Financing goes wherever our lender partners lend, which is most of the country. The market data covers a shorter list of markets we have measured.
Will you pull my credit just to talk?
No. A first conversation is a soft look at stated numbers. Credit is pulled once, with your written authorization, after you are under contract and have decided to apply.
What if I am not buying yet?
Run the calculator, read the market write-ups, and come back when there is an address.