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Updated almost 7 years ago on . Most recent reply

Mortgage based on CASH FLOW
Is there any interest in a mortgage product that is only based on the CASH FLOW of the property, and NOT your personal income?
I've been a more traditional lender for years, but have found a great product for investors.
Rates are obviously a but higher than the going non-owner-occupied "Agency" mortgage, and this is not a quick hard money loan. But if you find a great cash flow property where rents are strong, and are considering holding onto it for a few years, and you don't yet have a tax return that could get you qualified, I may have a good option.
I'm posting on here to get a feel for the interest level. I'll be happy to answer any questions and share details.
Thanks!
- Todd Libby
- [email protected]
- 801-319-3502
