Banks are not easy to work with when it comes to financing rental properties. To do a cash-out refinance on a rental property, you’ll need to work with a direct money lender. These lenders are not subject to the same stingy standards as banks.
Why do Investors Choose to Cash-Out Refinance?
Seasoned investors take advantage of refinancing their rental properties for a number of reasons. They may be able to qualify for a better loan than their original loan, a change in interest rates, the value of the property may increase, or may need to make some improvements.
Rental Property Acquisition Opportunities Abound for Q3 2016
Contrary to the impression the media has been painting of an incredibly tight real estate market with little inventory to choose from, a variety of states are putting more homes on the auction block, with billions of dollars in REOs still in the pipeline. We are offering rental investment loans faster than ever.
The U.S. housing market is shaping up, and strengthening, but for those eager to bulk up their portfolios with additional rental properties there are plenty of options, with attractive discounts. Our blanket loan program is full of options for the investor.
Some media outlets and green property investors have recently griped about increased competition in the market, while others see increased, and even more opportunities opening up. Matters not if its a blanket loan, first single rental home, or commercial property, we got you covered. Whether coming up short on inventory or flush with more deals than you can handle no one wants to leave extra money on the table.
Those that know how to find more room in every property are able to find opportunity where others can’t, and position themselves for maximum per deal, annual and overall returns.
Investing in real estate with smart tax strategies and knowing how to negotiate out liens and other fees others don’t know how to, have a significant advantage in the market today. However, even simple tweaks such as using superior investment property loan programs and lenders can make a substantial difference in profit margins and net returns.
To find more spread in each deal investors need to reduce acquisition costs, and, or increasing operating cash flow. Blanket mortgage financing can enable rental property investors to do both.