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FINANCING FOR RENTAL PROPERTIES NOW AVAILABLE
FINANCING FOR RENTAL PROPERTIES NOW AVAILABLEWe have financing for rental properties, YES, you heard that right, competitive financing rates for rental property is now available. Financing and rates for rental property are now available in a competitive bank rate program for investors looking to capitalize on bank REO's with the idea to hold and lease to long-term tenants is here.
We are now actively pricing and closing these types of investment rental home loans in 2022.
There are over 4 billion dollars earmarked for deployment this year alone. Money for rental home mortgages is available for purchase and refinance. Consolidate your existing loans to free capital and grow your business! Apply Today Online Now!
Buy an Apartment Building
There are a number of reasons why you should own an apartment building. One reason is that it provides a steady stream of income. Another reason is that it's a stable investment - people will always need places to live, and the demand for apartments. As rent prices continually rise, your profits will too.
According to some measurements, the national average rent increased over 20% year-over-year (YoY) at one point in 2021, the highest spike on record. Owning an apartment building also allows you to build equity; over time, the value of your property is likely to go up, giving you a nice nest egg to tap into when you retire.
One of the best things about owning an apartment building is that it can generate a healthy return on investment. With proper management, an apartment complex can be a very lucrative endeavor. Rents tend to keep going up on a steady basis, especially in markets where there is high demand for rental units. And, as the property appreciates in value, your return on investment will grow even larger.
For the latest financing and rates for rental property Apply Online to get started. We will e happy to help with your financing and rates for rental property or call today at 1-888-375-7977.
Apartment Building Financing For Credit Challenged Investors
One option is to work with us as your private lender. We are willing to work with borrowers who have less than perfect credit. We understand that bad things can happen to good people, and we are willing to look past your W2 credit history and focus on your current financial situation.
If you're an investor with bad credit, you may be wondering if it's possible to get financing for an apartment building. The good news is that there are a number of options available for credit-challenged investors. Learn more about our program for Credit Challenged Investors.
FINANCING RATES FOR RENTAL PROPERTY
| Term | Type | Index | Prepay prd. | Recourse | Max LTV | Min. DSCR | Amort. |
|---|---|---|---|---|---|---|---|
| 5 years* | Fixed | 5-year Swap | Options | Non-recourse | 75% | 1.15x | 30 years |
| 5 years* | Fixed | 5-year Swap | Options | Full recourse | 75% | 1.25x | 30 years |
| 10 years* | Fixed | 10-year Swap | Options | Non-recourse | 75% | 1.20x | 30 years |
| 10 years* | Fixed | 10-year Swap | Options | Full recourse | 75% | 1.25x | 30 years |
First Mortgage Lien or Deed of Trust, plus equity pledge of the sponsor.
- $500,000 to $5,000,000+
- 5 and 10 year fixed rates are available
- Partial releases for homes sold
- 1 to 4 family rental homes, condos, town-homes, and apartments
- Cross collateralized and cross defaulted first mortgage and equity pledge\
- Approved LLC or other commercial entity
- Up to 75% of BPO/appraised value
- 25 to 30 year amortization depending on price point, age, and leverage
- Competitive market pricing
- Non-recourse to key principals except for customary bad act carve-outs
Investment Mortgage Calculator
Want to calculate your profits before purchase? Try our free online mortgage calculator.
Apply Now or Call Us Today About Your Opportunity! - 1-888-375-7977
Rental Home Financing Investment Loans
