If you have never owned an Investment Property or thought that it was something out of reach for you – it may be more attainable than you think!
Yes, you do have to have at least 20-25% down payment. But - if you already own a home that has enough equity, you can pull out cash from your current residence to fund that down payment!
Did you know that when qualifying for a conventional loan for your new Investment Property, the lender can use a percentage of the future rental income, in addition to your monthly income? This makes qualifying for an Investment Property much more attainable!
If you’ve ever tried to qualify for a conventional loan on a potential Investment Property and were denied – there are other options for you that mainstream banks/lenders don’t have available to them. An Investor loan is used when your monthly income can’t support the full cost of the new Investment Property. Income is not calculated on this type of loan, you are solely qualified based on the rental income that the potential property can produce. Sound too easy? Well, it is!
Our Current Investors – we have many loan options for you!
- New construction loans
- Fix & Flip program (purchase a fixer upper and work with the lender on improvements, having funds released to you for the necessary home improvements to either turn that property into a rental or sell it!)
- Apartment Complexes
- Nursing Homes
- Commercial Properties
- The list goes on!