Best Massachusetts Investment Property Loans (Hard Money - DSCR) Easy Street Capital!

[Robin Simon]

Easy Street Capital is proud to be a leading private lender for The Bay State! We offer industry leading Hard Money and DSCR Loans for every type of Massachusetts Real Estate Investor. Easy Street Capital is the investment property loan provider for real estate investors of all experience levels and specialties, including popular strategies such as Short Term Rentals, Fixing and Flipping and the BRRRR Method! Our Massachusetts DSCR Loans are perfect rental loans for the long-term real estate investor looking for cash flow. Our Massachusetts Hard Money Loans are ideal for renovators looking to add value through rehabs or ground-up construction!

Check out the rest of this Massachusetts Investment Property Loans page for all the information you need on our loan programs. Check out recently funded rental loans in the Pilgrim State, information on all of our loan programs, FAQs, market analysis and more!

Real Estate investors looking for cash flow and appreciation are narrowing in on Massachusetts to build rental portfolios. The Bay State is a current favorite of real estate investors due to many factors including a strong and stable economy, a growing and highly education population with a healthy demand for housing! Easy Street Capital is proud to be a leading provider of investment property loans for real estate investors looking to build rental portfolios in Massachusetts!

Loan Types for Massachusetts Real Estate Investors

When it comes to real estate investing in Massachusetts, there are many markets and types of investment property loans to choose from. Massachusetts has a lot of older properties with great bones, but in need of renovators to restore them to their former glory. For investors adept at rehabbing older properties, hard money renovation loans are a perfect choice! These loans allow you to buy a property quickly and finance your rehab costs as well! Once you are done, you can either “flip” the property for a quick profit or pursue the BRRRR Strategy by renting it out and then refinancing into a long-term, low-rate DSCR loan!

Long-term DSCR Loans are also great for investing in turnkey rental properties. Turnkey refers to properties that are rent-ready and require no renovations. Move-in ready single family homes and fully furnished short term or medium term rentals are great for cash flow and price appreciation. Most DSCR Loans are fixed rate for thirty years, locking you into a fixed interest rate for the long-term. While, if historical patterns continue, rents and appreciation increase steadily each year. Bottom line, debt costs stay the same while cash flow increases!

Massachusetts: Landlord-Friendly State

Many investors might assume that Massachusetts, with its liberal bent, may not be landlord-friendly. But it is actually a landlord-friendly state. Owners of rental properties, such as typical DSCR Loan borrower, are secure investing in the state. Unlike some other states, Massachusetts does not have any form of rent control. This means rental property owners are free to set rents at whatever level the market will bear. This can be an advantage for landlords who are looking to maximize their profits. In addition, if a tenant fails to pay rent or violates the terms of their lease, Massachusetts landlords can begin the eviction process relatively quickly. For example, landlords can serve a tenant with a “14-day notice to quit” if they fail to pay rent. After just two weeks, the landlord can file a complaint for eviction in court.

Where To Invest In Real Estate In Massachusetts

Massachusetts is a favorite market for real estate investors because of its diverse options. There are lots of varying markets that offer great potential for each type of real estate investor. Boston is the states largest city and capital and is the cultural and financial center of New England. Worcester, located approximately 40 miles west of Boston, is the second largest city in the state. It is also a growing market with affordable options for investors. Cambridge is a strong secondary market with a population of approximately and home to world-class universities. Springfield is the third largest city in the state and the heart of the Connecticut River Valley. Quincy is a historic coastal city with both a strong permanent population of long-term renters and demand drivers for short term rentals.

Read The Full Article Here!

Are you a Property Manager, Full-Scale Mortgage Broker (including Conventional, Non-QM) in Massachusetts? We are looking for trusted professionals in Massachusetts to refer our investor borrowers too! Comment or DM me to discuss, and we can potentially feature you on our website!