New Mexico DSCR loans allow real estate investors to acquire or cash-out refinance 1–4 unit rentals, short-term rentals (Airbnb/VRBO), and 5–100+ unit multifamily properties in New Mexico (NM) up to 80% Purchase LTV and 75% Cash-Out LTV at 6.125%–7.875% with zero personal tax returns. At the New Mexico median 1–4 unit price of $325,000 and Form 1007 rent of $2,350/mo (0.76% property tax, $520/$100K hazard insurance), a 75% LTV loan models at 1.22x DSCR ($1,928/mo total PITIA).