When you set out to purchase a rental property, you have a lot of expectations. You'll want to make sure you buy with a buy-and-hold strategy, so you can profit from the monthly rental income and see your property turn a profit when you sell it. To get your property scheme off the ground, you'll need to find the right investment loan.
Loans for Long Term Rental Plans
Rental property loans can assist you in taking your real estate investing to the next level. VP Capital lending can assist you whether you are financing a single asset for buy and hold or looking to refinance a portfolio of real estate assets. VP Lending has worked with Real Estate Investment lenders all over the country. A traditional bank's capital will only get you so far. We can provide you with the opportunity to invest in more rental properties.
Financing for Rental Property
One of the most common types of real estate investment is the purchase of a rental property. Real estate investors buy a rental property that can be rented to a tenant for a higher rent than the monthly liabilities (principal, interest, taxes, insurance). To maximize their profits from the purchase of the long-term rental, the real estate investor will also rely on the property appreciating and taking advantage of tax breaks.
Rental Property for Hard Money Lenders
Hard money loans for a rental property are frequently used when the borrower must quickly secure the property. Hard money lenders typically do not make long-term loans for rental properties. Typically the range is from 6 months to 2 years. To understand how the borrower will repay the rental property loan, the lender will want to know the real estate investor's intended exit strategy upfront.
VP Capital Lending does not charge any upfront fees, and we do not consider your income because our primary focus is on real estate, so we do not require tax returns as we provide the best Real Estate Finance services in the USA. For a term of 30 years, you can obtain a minimum loan amount of $50,000 and a maximum loan amount of $2,000,000. If you want to join our loan term rental loans program, please contact us and apply without hesitation.
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