Asset Based Lending recently funded a DSCR rental loan for a new borrower in Midway Park North Carolina. This real estate investor contacted ABL for a cashout refinance loan for a single-family property. At the time of purchase the property was not occupied, but the investor expects to collect market. With a DSCR of 1.12 this property will generate positive cash-flow for the borrower. Midway Park North Carolina is located near the coast, north of Wilmington. There is a strong rental community in this area. About 83% of residents are renting their homes in this area making this a great area for rental property investors.