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Rental Home Financing Investment Loans
Rental Home Financing
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DSCR Loan VS No Ratio DSCR Loans
DSCR Loan - What are DSCR loans?
The DSCR loan gives the borrower DSCR loans purely for the cash flows generated by the investment and no personal income. DSCR loans are available for the financing of residential or commercial property.
We Provide a No DSCR Ratio - Fast and Easy Loans for Vacation Rentals
If you are looking for a vacation rental, we provide a No DSCR Ratio -Fast and Easy Loans. This loan is perfect for those who want to avoid the hassle of dealing with a DSCR loan. With a No DSCR Ratio -Fast and Easy Loan, you can get the financing you need quickly and easily.
How Does a No DSCR Ratio Loan Differ from Traditional Loans?
Traditional loans focus on your personal income instead of the rental income of the monthly rent, the monthly payment debt obligations to purchase loans for those mortgage brokers are based on the borrower's ability to prove enough cash flow from personal finance to cover the debt. We have an entire section on DSCR No Ratio Loans
Published in
Landlord’s Corner
Tagged under
More than potatoes!
Idaho has a very strong economy, in fact, has a strong impact on the rest of the country with a strong agriculture and technology base.
Idaho is an important agricultural state, producing nearly one-third of the potatoes grown in the United States. All three varieties of wheat, dark northern spring, hard red, and soft white are grown in the state.
Today, Idaho's largest industry is the science and technology sector. It accounts for over 25% of the state's revenue and over 70% of the state's exports. Idaho's industrial economy is growing, with high-tech products leading the way.
Forming part of the Pacific Northwest (and the associated Cascadia bioregion), Idaho is divided into several distinct geographic and climatic regions. The state's north, the relatively isolated Idaho Panhandle, is closely linked with Eastern Washington with which it shares the Pacific Time Zone—the rest of the state uses the Mountain Time Zone.
The state's south includes the Snake River Plain (which has most of the population and agricultural land). The state's southeast incorporates part of the Great Basin. Idaho is quite mountainous and contains several stretches of the Rocky Mountains.
Economy
The Idaho real estate market is a little-known hero showing no signs of slowing - even during a pandemic. In spite of all that has happened across the country, real estate, largely due to a strong economy, has high demand and competitive prices.
The market is very active, you can see average house prices have gone up by double the percentage, so the market is alive, well, and prosperous.
Boise in particular appears to be more resilient than any other city, which is good for the area's housing sector. As a result, buyers, sellers, and investors are ready to take advantage of this active market.
Population
Idaho also has the 6th fastest-growing population in the United States with the population expected to increase by 31% from 2008 to 2030. This projected increase in population will contribute to a 42% increase in demand by 2030, further straining Idaho's finite hydroelectric resources.
Tourism
In recent years, Idaho has expanded its commercial base as a tourism state. Outdoor recreation is a common example ranging from numerous snowmobile and downhill and cross-country ski areas in winter to the evolution of Lewiston as a retirement community based on mild winters, dry, year-round climate, and one of the lowest median wind velocities anywhere, combined with the rivers for a wide variety of activities.
IDAHO Real Estate Data & Trends
Boise-Area home prices hit $472,900 for the first time, doubling in 7 years and 2.5% higher in 2022 than in 2021.
The total number of homes sold was 1,928 sales compared to 2799 in 2021. The average days on the market increased by 25% to 41 days providing a buyer's market of a larger variety to choose from.
Trends In Summary
Idaho offers a wide and growing amount of opportunities for real estate investors. With the growth in new industries, population, and tourism, it's a nice place to visit and a great place to invest.
IDAHO Real Estate Resources
Landlord & Real Estate Law in Idaho:
Idaho law does not regulate the details of the landlord-tenant relationship but does set some guidelines.
- Landlord Tenant Guide
- Real Estate Commission
- Idaho Lease and Rental Agreement Laws
- Landlord and Tenant Rights and Responsibilities
Investment Real Estate for sale by the State of Idaho:
Contact us today to help finance your Idaho investment property portfolio.
More than just a leading U.S. Blanket Mortgage Lender, Rental Home Financing is your partner for long-term wealth building and cash flow generation. We’re invested in your long-term success.
Contact us today and experience a refreshing new approach to financing investments.
Call today for more information: 888-375-7977 or CLICK HERE
Published in
State Government Resources
Fast 30 Year Landlord Loans
Loans for Landlords with 30 Yr Fixed Solutions
NO Tax Returns Required
We don’t really care about your personal tax returns. We understand that most landlords write off expenses and may demonstrate a small or even loss on business returns.
That’s OK with us…we base our decisions on the LTV and conservative cash flow of the collateral, not your W2, and no proof of employment is required.
Competitive Fixed Rates for Investors
RentalHomeFinancing.com a Direct Portfolio Lender, provides competitive, fixed rate, financing for bulk single family homes and apartment buildings that are for rent.
Nationwide Footprint
We are offering permanent financing for investors with at least 1 rental property in most areas of the country with our innovative new programs geared toward the entrepreneur/investor. We also service foreign investors.
We will review the cash flow of the property and ensure they put you into a profitable position and will cover the annual debt service of >1.2x. Our products are commercial loans based upon the cash flow of the property, not you personally.
NEW - 30/30 Investment Loan Program:
30 Yr. fixed rates for 1 property at a time!
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30 Year Fixed Rate – 30 Year Amortization
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NO Tax Returns Required
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NO 4506T Forms
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Funds Into Your LLC
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Declining Pre-Payment Penalty
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75% Of As Is Value
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Unlimited Cash Out
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$75,000 - $5,000,000+ Loan Size
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Competitive Rates
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620 Minimum FICO
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Close As Fast As 2-3 Weeks
NEW - "2nd Generation" Securitization Blanket Loan - Soon Arriving:
Before you sign and send thousands upfront of dollars away in hopes of obtaining a loan, give us a call to discuss your rental portfolio, goals, and opportunity. We OFTEN beat the overall structure of your current lender by offering more favorable loan docs, credit terms/conditions, and a much cleaner closing process. We guarantee it will not be a waste of time. Call us today...1-888-375-7977
Blanket Loan Highlights:
5 - 10 - 30 Year
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No Seasoning For Value - (Buy A House Today, Finance For Value Tomorrow)
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Loan Sizes $300K To $30 Million+
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Property Minimum Value - 50-75k - (Depends On MSA)
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Competitive Rates
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70-75% LTV - LTC Max
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Full Term I/O Available To 60-65%
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Purchase - Refinance - Cash Out
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Unlimited Cash Out
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Blanket Loan Lender
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5-10-30 Year Fixed Rates
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30 Year Amortization
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Non US Citizenship OK To 65%
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620 Min FICO
Loan Doc Features - Truly Unique Program that will save you 1000's of dollars:
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NO Yield Maintenance PPP - Pre-Payment-Penalties)
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NO Monthly CAPEX Reserve Requirements
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NO Long Bond Forms
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NO Fee Requirements For Lender’s Attorney
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NO Post-Closing Liquid Reserve Requirements
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Recycle Existing LLC Is “OK”
Compatible with Your Current Investment Profile
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No Need To Form A New LLC Such As Delaware - Use Your Existing One!
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Ability To Sell Or Release Properties At Any Time
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Ability To Use Your Title/Escrow Company - Of Course Can Use Ours As Well...Your Choice!
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Far Easier Underwriting Guideline Model Than The Competition
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Expeditious Closing Process And Minimumal Closing Costs
Property Types Available for 2nd Generation Blanket Loans:
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Single Family Housing – 2 Property Minimum
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Group Of SFR’s, Condos, Townhomes
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Searching For Stated Multifamily?
Rental Home Financing Investment Loans
Published in
Blanket Loans
Tagged under
The right kind of fame.
Recent landlord news over the past few years shows an increase of landlord fame, although not famous for the reasons they might wish. With a bit of planing and teamwork you can avoid increased insurance costs, remodeling costs, legal fees, administrative charges, and fines related to the "wrong" kind of fame.
Stories abound on not so lawful methods utimately being employed in order to get rent from a "Slick Willy" mooching renter. Some of the stories are almost as funny as college pranks such as removing the front door entirely instead of just padlocking it shut. Other methods make the news as our following frustrated Landlords did.
Published in
Landlord’s Corner
Tagged under
Rental Home Financing
9465 Counselors Way
Suite #200,
Indianapolis, IN 46240
About Rental Home Financing:
Rental Home Financing, as the best mortgage lenders we originate rental home loan products and cash out refinance investment property loans as the best investment property refinance lenders. Commercial blanket loans are available with a commercial purpose to suit your needs.
Also, as DSCR loan specialists, we are currently authorized to make such loans in most all areas of the United States. Specific circumstances will determine whether we have the ability approve/close portfolio rental home loans in your state(s). When you are ready to get a mortgage for rental property, we are ready to serve you.