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When Should You Consider Asset-Based Lending for Your Real Estate Project?
Asset-based loans should be considered as a source of capital when your real estate business is growing swiftly, or when you are in the middle of a turnaround. Asset-based money lenders give you the cash you can immediately invest in your property.
Asset-Based Lending and Real Estate Investments
When it comes to real estate investments, timing plays a crucial role. These specific money lenders allow you to grab purchasing opportunities without involving your business capital, resulting in improved financial control. This type of lending is reliable, as long as you have qualifying assets. The entire process is short and prompt, allowing you to close deals without wasting any more time.
Benefits of Asset-based Lending
No Credit Issues
Real estate investing is often fraught with a difficult time coming up with the capital necessary to purchase homes for rental purposes. Asset-based lending is not based on your credit history, but on the quality of your assets. So, if you have had credit issues that hold you back from borrowing, this may be your golden ticket to cash flow wonderland.
Asset-based lending provides industry experts the opportunity for regular income at a lower cost with the ability to compete with large corporations. Asset-based financing is a mortgage investment that allows the borrower to leverage their portfolio regardless of the past performance of their credit report as low as 620.
Grow Your Real Estate Investment
Of course, you need to purchase more real estate to expand your business. And if traditional lending hasn’t been much help in that endeavor, asset-based lending could work wonders for sprucing up your inventory.
Real estate developers can expand into commercial real estate with an asset-based loan. The rental property provides the money your company needs to expand your business.
You can finance projects such as office buildings, or any other investment property such as an apartment building loan.
Faster Real Estate Investing
Asset-based loans can be approved and financing available for your business in as little as 10 days. So if you come across a great real estate deal that you need to act on quickly, this type of financing could give you the advantage you need to seal the deal. Because we can use the income of the rental property to help you qualify for your loan, we don't need your W2 and other paperwork normally needed to establish your investment accounts.
The Bottom Line - Rental Income Real Estate Portfolio
Asset-based loans can be a blessing for real estate investing. Besides keeping prior credit issues aside, this form of lending for professional investors also keeps cash flow problems at bay, since things are based on the value of your assets.
Real estate investors investing in rental properties to make a living or to supplement other sources of income can use asset-based lending as a powerful tool to help fulfill their investment goals. You can use asset-based loans to grow your business, as well, which will be highly beneficial if you’ve had faced problems borrowing from traditional lenders.
Real Estate Investor Opportunities with Rental Home Financing
Rental Home Financing offers asset-based lending that provides an excellent opportunity to unlock equity in existing rental properties or to access financing to purchase new properties.
Are you planning to buy your first or second investment property and have questions about getting financing? We offer rental investors innovative financial products to help them obtain the cash needed to build robust rental portfolios.
We have actively been helping clients refinance their rental properties at good rates and terms. Our asset based lending products offer 75% LTV and we even take into account full appraised value of your home during the finance. You can truly unlock the equity in your home and walk towards profits.
Rental Home Financing Investment Loans
