Rental Investment loans
A “Rental Investment” loan is a long-term loan used to purchase or refinance property with the intent to hold it for at least 3+ years in order to profit from the cash flow from the property and future appreciation. A Rental Investment loan is a great fit in the following situations:
1.When the property does not need renovations.
2.When you are looking to payoff a bridge loan which was used to renovate the property.
3.When the property is stabilized, leased up, or generating any income.
4.When you want a long term financing solution on rental investment property.
At Loan Workout Group, our rental investment loans close quickly…even in as little as 10-14 days at rates starting at 6.50%! Our Rental Investment loans require no personal income verification and very little documentation! Rental Property Financing
Eligible Properties for Rental Investment Loans
Single Family
Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplex’s, triplex’s, and quadplex’s. At Loan Workout Group, we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $75,000+.
Multi Family
Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Loan Workout Group, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.