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A wise investor once said, no single aspect of real estate and real estate investing is that difficult to understand! He put is like this:
Imagine a farm field that is a mile long and wide with nothing in front of you….This is the opportunity! – Now envision the challenges…The challenges are often not seen and lay 1” inch deep ready to surface! Reflecting a bit deeper on this statement it basically says there are MANY obstacles to consider when investing in single family rental properties but, none are really that difficult to overcome!
Arguably, one of the basic foundations of investing in single family rentals is asset protection and protecting against as many perils as possible. When you control rental property, it’s a fantastic idea that it be titled into an entity such as an LLC, in order to limit the personal liability in case something goes wrong that is unforeseen such as a tenant slipping on a sidewalk, falling off a porch, stairway or who knows what else a greedy plaintiff’s attorney can find as fault to your personal and family assets.
Some lenders such as Fannie Mae, Freddie Mac, or other “bank type” lenders don’t allow for LLC financing and require the loan to be closed into a personal name(s) and can often be tricky to obtain mortgage into LLC difficult due to guidelines or other reasons. Great news! – We offer a streamlined LLC Mortgage Loan backed by our DSCR underwriting with competitive 30 year rates for our blanket loans or single property loans for LLC’s and other corporate entities!
Call now 888-375-7977
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Real Estate Investors
Now is the time to start remodeling and new home construction, lumber's 2022 all-time low!
Lumber prices in the US have decreased to lower than they were two years ago, meaning that purchasing a 2x4 is now the same price as it was before the pandemic-prompted construction surge.
Amazingly this will be providing investment opportunities for remodeling and new construction loans with build-to-rent financing.
This current decrease in lumber prices is good news for buyers and builders who had been struggling to keep up with the rapid increases over the past year.
It is also a reminder that the construction market is constantly changing, so it's important to stay up-to-date on the latest trends.
If you're thinking of starting a remodeling or construction project, now is a great time to buy lumber while prices are low.
You can save money on your project and make a wise investment that will pay off in the long run.
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Real Estate Investors
High-Interest Rates make Winners of Rental Home Investors & Consumers Lose
Real estate prices are greatly affected by interest rates because they determine how much people can afford to pay for a home. The rise of mortgage rates this year has slowed the housing market's rebound for consumers. Rental property owners will be pleased to know this, keep reading to learn more.
When interest rates are low, home prices are high because people can afford to borrow more money. The problem is that when interest rates go up, as they have been recently, home prices usually fall because people can't afford to borrow as much money. This is why investors tend to do well when interest rates are high and consumers tend to do poorly.
Rental property owners benefit from high-interest rates in two ways. First, when home prices fall, there are more renters because people can't afford to buy a home. This increases the demand for rental properties and allows landlords to charge higher rents. Second, when mortgage rates go up, it becomes more difficult for landlords to refinance their properties but the savvy investor knows the workaround for this, the DSCR loan with no ratio. For some investors, this means that they are more likely to stay put and continue to pay the higher interest rate with the ability to charge higher rent to make up for it rather than selling the property and taking a loss.
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Real Estate Investors
Current Mortgage Forecast and Buying Trends for U.S. States in October
Current Mortgage Forecast and Buying Trends for U.S. States in OctoberWe have compiled the top 5 States in America being searched for investment mortgages in October to provide high accounting earnings during the recession to compensate for today's mortgage rates.
Many investors and experts in the housing market are confident that market conditions will not be so unpleasant in the final months of 2022 as it was in previous parts of the year. Experts as noted below claim we could be seeing rates as low as 4.375%-5.7% in the fourth quarter of this year.
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Real Estate Investors
What’s the Difference Between Realtors, Real Estate Agents, & Brokers?
What’s the Difference Between Realtors, Real Estate Agents, & Brokers?The likelihood that you'll work with a real estate agent, broker, or realtor at some point in the real estate business is pretty good. These are phrases and titles that get a lot of usage, often interchangeably. However, there are significant distinctions between them, as well as knowing what they represent.
Real Estate Investor Definitions
We'll go over what each term means and its main function in the real estate industry. All of these professionals are licensed to help you with different stages of renting, selling, or buying a property. Let's dig a little deeper:
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Real Estate Investors
Market Surging SFR Built-to-Rent Construction
Market Surging SFR Built-to-Rent ConstructionWhat is a build-to-rent home?
A build-to-rent home investment rental can look similar to an old suburban house. This includes many different buildings, such as apartments, condos, and even townhouses. The main difference is that these build-to-rent home loans are built specifically for the purpose of being rented out.
Benefits of Build-to-Rent (Development)
There are many benefits to this type of housing in the real estate market. For one, it can provide a more stable environment for renters. These properties are also generally well-maintained and often offer amenities that traditional rental properties may not have.
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Real Estate Investors
Asset-Based Lending with Hard Money Loans
What is a hard money loan?
What is a hard money loan?Hard money lending is a type of business financing for real estate investments where lenders extend loans to real estate investors using the value of the real estate and its income as collateral. It is sort of an asset-based loan that is flexible to get you the hard money loan you need fast
These real estate investment loans are a type of asset-based lending typically used by real estate developers for short-term financing opportunities or for properties that need rehabbing for rental properties, ie commercial real estate.
If you're a real estate investor looking for financing, hard money lenders should be one of your go-to options for asset-based lending. Here's what you need to know about hard money lending for investors.
How does asset-based lending work?
Hard money lending works by using the value of the real estate as collateral, which is why it is sometimes referred to as asset-based loans. Lenders will extend loans for real estate investing based on the value of the property, regardless of the borrower's credit score or income.
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Real Estate Investors
Use Potential Rental Income to Qualify for a Loan
Yes, we can help you get a rental income mortgage for rental property.
Yes, we can help you get a rental income mortgage for rental property.A rental income mortgage based on potential rental income for mortgage deals are available. We help you use potential rental income to help you get approved for an investment property without using your debt to income ratio from your W2. You don't need to worry about qualifying income to get into the rental property cash flow business.
This is not for a primary residence, the subject property will be considered commercial property owned through our no ratio DSCR loan (debt to income ratio). As a hard money lender, we have options with loan products that others just can't offer.
How does future rental income to qualify work?
Future rental income represents the total value of rental income for an apartment building or single property rental home at competitive market rates. This means the property does not need to be occupied by renters at the time of purchase.
When considering a rental property, as mortgage lenders we consider the future rental income of the investment properties. The predicted rental income is calculated as the monthly gross income, yes, this is how we have the rental income calculated. Future rental income and projected rental income instead of the actual rental real estate income.
For more information on how to get started with a rental property loan, please contact us. 888-375-7977
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Real Estate Investors
Tagged under
Refi Lending for Credit-Challenged Investors
Who is the best hard money loan lender to refinance with for the credit challenged?
Who is the best hard money loan lender to refinance with for the credit challenged?The best mortgage lenders & best refinance company is the best mortgage lenders for credit challenged! Among the top 2022 mortgage loan companies is RentalHomeFincing.com with international hard money loans. We can service loans with credit scores as low as 620.
As Hard money lenders, we specialize in helping those wanting to get into the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) and growing short-term rental market.
We can provide easy fast investment loans for anything from a single family home rental to a quad-plex, an apartment building, and even an entire commercial project of office buildings or strip malls.
The Best Mortgage Lenders Make Your Financial Dreams Come True
Have you ever wanted your own strip mall, apartment building, quadplex, or even just a single-family home rental but thought you would never qualify? We can help you achieve your dreams of becoming a real estate investor.
For anyone with a minimum credit score looking to refinance their investment property, rentalhomefinancing.com is the best choice. As short-term rental mortgage refinance lenders for those with less than-perfect credit, we have a wide range of programs to choose from.
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Real Estate Investors
More...
Short Term Rental Trends in 2022
Google Trends is Showing Profit Locations for Short-term Rentals
The holiday cottage in the country is now the hottest short-term rental trend in 2022. Sometimes you just need your space, and that space is sometimes making people profit.
You got your car rentals all figured out, vacation packages are taken care of by an instant booking through the real estate market, perhaps a visit to some nearby national parks as part of your top destinations list but all the bookings for vacation rentals, host service fee, and some sort of additional fees for your reservation and then a light comes on in you head. You could own a vacation rental and save all those holiday rent costs you would expect to pay as a guest.
Holiday Homes As Short Term Rental Income
Vacation rentals can start to get expensive as the short term rental market grows. Business travelers who own holiday homes in urban areas can use them as vacation homes and as property owners, since it is their own home they can use it as a holiday cottage for the short term rental market. The average number of frequent business travelers to the same destination might do well to invest in a house that could be revenue each week.
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Landlord’s Corner
Improve Your Property - Cash Out Equity to Improve Profits
Cash-out equity, use equity during a recession, cash out refinance to get ahead. In these tough economic times, many homeowners are looking for ways to cash out equity from their property in order to gain some extra cash. One way to do this is through a cash-out refinance.
How cash-out refinance works is by taking the existing monthly mortgage payments you have been making on your existing mortgage and a new mortgage is created allowing a cash-out refinance to provide you with extra money instead of taking out personal loans.
Equity Refinances
Equity refinances allow homeowners to cash out a portion of the equity they have built up in their homes. This can be a great way to get some extra cash to help during a recession. Loan requirements for rental property are easy and so is equity refinance.
A home equity loan is a loan that uses your home as collateral. You borrow a lump sum of cash and make fixed monthly payments over a set period of time. Home equity loans typically have lower interest rates than other types of loans, making them a good choice if you need cash for a specific purpose depending on how much cash you may need.
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Real Estate Investors
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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
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Landlord’s Corner
How to Finance an Airbnb Property
The Investor Guide to Airbnb Financing in 2022
If you want to know about Airbnb Loans: How to Finance an Airbnb Property in 2022, you came to the right place. Your rental property becomes powerful investment property when turning it into an Airbnb rental property. This type of investment property we call "short-term rental properties".
It can be difficult to finance an Airbnb, Vrbo, HomeStay, or Booking.com type of property as there are fewer loans to choose from. The good news is, even a potential owner of an Airbnb property with less credit score or low deposit can get a loan that suits their needs with hard money loans for Airbnb financing to finance that investment property.
We have a hard money loan even if you are just looking for single property loans for Airbnb financing so if you are ready for the Airbnb loans instead of a conventional loan, we got you covered for your short-term rentals. Call us today to get started on your vacation rental and we will be more than happy to discuss Airbnb financing options. 888-375-7977
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AirBnB
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.