What do you do if you want to buy rental properties, but can't qualify for a conventional loan because you're an entrepreneur, recently switched careers, or already have too many loans?
In this video, we'll be going over the long term rental loan program and how it can help real estate investors purchase more properties to increase their portfolio.
We'll Teach You:
- How to qualify for the long term rental loan program
- When you should or shouldn't use the long term rental loan
- How to get the best rates
What Long Term Rental Loans Are
Long term rental loans are business purpose loans used to facilitate the purchase of income-producing single-family and multifamily real estate investments. These loans are underwritten based on the value of the property itself rather than your personal financial strength.
Long-term rental loans enable you to acquire deals that you normally wouldn't qualify for through a traditional real estate lender. They will help provide the leverage that you need to close on great deals and help you grow your investment portfolio.
But to a new investor who is unfamiliar with long term rental loans, the process can seem intimidating.
In this video, I will show you the process of obtaining a long term rental loan and what you can do to get the best rates!
Who This Video Is For?
For REALTORS: Learn how to help your clients win offers and close on a rental property.
For Investors: Learn how to use a long term rental loan even if you normally don't qualify for a home loan. This is great for entrepreneurs, people who have recently changed careers, or people who have too many home loans already. Learn how to get the best rates!
References
- If you need a hard money loan, check out Conventus Lending for the best rates.
- Schedule a call with me to help you with your real estate investing projects.