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Upright Introduces Rental Loans.

Competitive loans pair with state-of-the-art software 

CLEVELAND, OH, December 7, 2023 - Leading real estate investment platform, Upright, is making debt service coverage ratio (DSCR) rental loans available for the first time

The move is a response to customer demand and represents a further expansion of the firm’s service offering and commitment to enabling wealth creation for residential real estate investors. Upright’s VP of Revenue, Brendan Bennett, says: “Many customers at first come to us for our fix and flip loans, but if they want to turn those properties into long-term rentals instead of sell them on, we have previously had to refer them elsewhere. There was a piece of the puzzle missing. Not anymore. By introducing DSCR Rental Loans, we are better able to serve the needs of more customers, throughout their real estate investment journey.”

Upright, formerly known as Fund That Flip, was founded with the mission of providing private real estate developers access to funding for their rehab and new construction projects, and passive investors to enjoy the returns delivered by investing in residential real estate. The platform is now expanding to provide a comprehensive suite of services for active and passive investors alike, removing friction at every stage of the process, from analyzing investment properties, financing, and construction management to disposition. 

Software No Substitute for Service

The Upright team prides itself on the relationships it builds with each of its active investors. Bennett says: “While the DSCR Rental Loans and platform is a powerful combination, real estate is a people business, and we take that very seriously. 

“We talk personally with every developer we work with, often in person. We walk through nearly every property. We want to know how we can help them scale and talk about not just the current deal, but the next one, and the next.

“Anyone who has benefited from one of our hard money loans already understands our dedication to efficiency and extraordinary customer experience; that’s what we’re bringing with our DSCR product, too.”

Details of Upright’s DSCR Rental Loans

  • Loan-to-value (LTV): Up to 80% for purchases or rate / term refinances’ or up to 75% for cash-out refinancing
  • Minimum loan amount: $75,000
  • Property types: Single-family residences (including modular; 2–4 unit residences; condominiums; townhomes; multi-family properties up to 10 units
  • Loan products: 15- and 30-year fixed, Adjustable Rate Mortgage (ARM), and Interest-Only options
  • No debt-to-income considerations
  • No personal or business income verification required; only subject to rental income
  • Minimum FICO of 640 required 


About Upright

Upright (formerly Fund That Flip and FlipperForce) is an award-winning fintech platform that provides real estate investors with software tools to help them scale their business, capital to help them grow their portfolio, and passive income opportunities for accredited investors, all under one roof. With headquarters in Cleveland, Ohio, and local presence in nearly every major market, the company helps restore communities across the United States through its network of experienced, dedicated real estate professionals backed by a diverse base of institutional and individual investors. 

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