We can assist with arranging funding for residential investment property. This would be for a condominium, single family resident, two-family, three family and four-family property. There are long term and short-term options with no tax returns needed for both purchasing and refinancing. Many of our investors seek out portfolio and blanket loans so that they can consolidate their portfolio properties into one mortgage payment. Another benefit of this type of loan is that you can do a purchase loan for property along with a refinance, so essentially the equity in the refinanced property will cover the purchase money needed for the new property.
Key Features
- Based on property value and rental amount, not personal income
- Blanket multiple properties on one loan
- Combination loans that allow both a refinance and purchase on one loan
- Purchase rental property with loan amounts as low as $50,000