Investor Financing Loan Programs
An investment property is purchased to generate profit though capital gains or rental income. In general, those who purchase investment properties do not live on the premises, as the property is for investment purposes only. While most investors have extra cash to spare, they do not normally have the cash needed to buy investment properties outright. This is where financing comes in. Sometimes referred to as Hard Equity Loans.
Here are a few questions that you will need to have answered before visiting a lender:- How much do you need to borrow?
- How good is your credit?
- Can you afford to repay the loan?
- How long will it take you to repay the loan?
- How do you plan to make a return on this investment?
High lending fees and interest rates can eat into your profits. This is why it is very important to choose the right lender. Before making any decisions, you should carefully evaluate all options. One Market Realty partnership with Leverage Financial a well funded boutique lender can help alleviate your concerns and provide the assistance you need to move forward. They have eager account executives willing to explain lending programs and examine your particular deal in detail.
* Based on After Rehab Value
** Buyer and purchased property must qualify