How to Get a Loan for Your Rental Property Investment
Are you looking for a lightning fast, easy loan for your rental property investment? Something that comes with affordable, long-term fixed rates?
Then we have your solution.
We call it the Easy Rental Loan, but you might notice that other lenders in the real estate industry call it a DSCR loan (debt service coverage ratio loan).
Yeah, we’ll stick with Easy Rental Loan, because it’s just easier to remember!
All you really need to know about this type of loan is that it revolves around 2 key items:
- A decent credit score,
- And a lease that covers the monthly cost of your property.
What do we mean by “monthly costs”? Well, if you look at most rental property calculators, they have you add up the following to see what you owe on the rental property each month:
- Mortgage payment
- Property taxes
- HOA fee
If your property positively cash flows (aka, you make more than you spend on the property), then you can qualify for an Easy Rental Loan. Better yet, you can still qualify for good interest rates and a 30-year fixed term.
Better still, you don’t have to worry about submitting tax returns, being in business for 2 or more years, or having too many financed properties.
It really doesn’t get easier than that.
So, if you’re looking for a fast, efficient, and, most importantly, EASY solution to funding your rental and other value-add properties, then look no further. We’ve got an Easy Rental Loan waiting for you.
Ready to chat about your cash flow options? Great, our team is here and eager to set you on a path that helps you make the kind of money you need to live the life you want!