0 down loans for Investors - still a couple of ways
loan to value (after repaired value) cannot exceed 70% or
you may cross another property in order to achieve 0 down
Pledge financial instrument (CD)
There are no 100% LTV loans available based on as is value (they dont exist, from anyone , anywhere)
There are no long term (low rate) 100% loans this side of the galaxy
, but if your deal (your flip- rehab) is strong enough or you have other collateral , 100% LTC (Loan to Cost) is doable.
PROPERTY TYPES:
1-4 unit rental property
Commercial income property:(min 100,000)
Credit : no Minimum, but 620 needed for long term rates in single digits
Location of loans:
most states
location - city should have 50k + population or be "bedroom community" of metro area
Loan Terms: 15-25 years
Interest : 6-12% (size , credit and asset determine rate)
Bank Statement Program - hight LTV - up 80%
No Doc to 75% and 65-70% on cashouts
You want simple:
send:
borrower info (background, what you do, income, credit if known)
property details with photos
rent roll
loan request:
This our introduction website to help Borrowers and owners of Texas Investment Real estate understand investment property loans & financing Texas. We are owners of private lending company and manage a conventional bank branch.
Ask about our Commercial Blanket loans for investors (TYPICALLY 15 YEAR TERMS- 5 % RANGE)
LONG TERM LOANS - 10 - 15 AND 30 YEAR TERMS
RATES UNDER 5%
SHORT TERM LOANS FROM 11%(PRIVATE - HARD MONEY)