Investor Loans
Investor Loans
These loans focus more on the real estate assets, including current value
and income, than your personal credit and income. Payment terms can be
very flexible, including interest only payments.
Debt Service Coverage Ratio Loans (DSCR)
Approval is based on the income of the property, such as an apartment complex or self-storage facility.
Hard Money Loans
Short term purchase loans based on the value of the property, often require additional collateral and higher interest rates. Lenders are private investors or smaller funds, rather than traditional lenders. A major benefit is that they
can fund very quickly.
Fix and Flip Loans
Fix and flip loans are a type of hard money loan, proving short-term financing that real estate investors use to purchase and renovate property in order to resell for profit. One of the factors lenders consider is after repaired value (ARV), an appraiser’s estimate of the property’s value after renovations have been completed.
