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Updated over 3 years ago on . Most recent reply

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2,312
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G. Brian Davis
#2 New Member Introductions Contributor
  • Investor
  • Hatboro, PA
397
Votes |
2,312
Posts

Long-term landlord loans, short-term purchase-rehab loans

G. Brian Davis
#2 New Member Introductions Contributor
  • Investor
  • Hatboro, PA
Posted

Need a purchase-rehab loan for your next flip or BRRRR deal?

How about a long-term landlord mortgage?

We’ve partnered with Lending Home to provide both. Here are a few details:

  • No income docs required
  • No cash reserve required (for rental mortgages; flip loans sometimes require it)
  • Minimum credit score: 680
  • Interest: 6.125% and up
  • Down payment: 15%+ for purchase-rehab loans, 25%+ for rental mortgages
  • Does not report to credit bureaus, no limit on # of loans
  • States Serviced: Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, Michigan, Missouri, North Carolina, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, and West Virginia
https://www.lendinghome.com/m/flow?program=rental&m_mdm=Partner&m_src=Spark%20Rental&m_cpn=Website%20Link

Happy investing!
Brian

  • G. Brian Davis
  • Offering

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