Landlords and Renters – Simple lending

 

Attention landlords and real estate wholesalers:

Let us market (help you ) with our National Rental property loans.
Only non bank loans , very simple loans for the beginner or intermediate investor.
Up to 80% LTV
Stated available to  75%
cashouts to 75%
75k min loan long term
5 year balloons all the way to 50k and no real credit (9-11% ) good in between loan with the rehab took to long .
We do rehab – hard money loans in TEXAS and top 100 type 1st and 2ndary markets in most states.
We are fast as long as we have good information from borrower
1003, contract, existing leases and explanation for why they may not be conventional loan candidate
Our mission is to fund deals that should be funded and not over complicate good loans.

Underwriting Rental Property loans

http://www.themreport.com/news/origination/08-08-2016/originating-investor-loans-property-dti-vs-borrower-dti

good inf0rmation , helps investor understand what lenders are reviewing when underwriting loans.

#underwriting#investment#property#loans

Rental property financing tip of day and question

When proposing a rental property loan scenario (to a bank, private lender, private fund,other) have at a minimum your real estate schedule available. Knowing what you own (for investors owning multiple properties) it can provide your lender – broker   a chance to be consultative in the approach and perhaps allow for multiple solutions.

Question – When financing 2-4 unit property, which is more of a concern – LTV or cash flow(NOI)?

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