Loans For Rental Property in South Florida

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Loans For Rental Property in South Florida

Bruno Barber
Member since 2019 · 1 post · 1 vote

Hello- this is for my South Florida real estate investors (Fort Lauderdale to West Palm area) who do you use for your rental property loans? I am looking to get a loan for a property in the coming months (first property) who out there will be flexible and be able to use rental property income to help qualify for a loan? I have the downpayment but all my income comes from other investments I have made (not w-2 income). 

Thank you for the help! 

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Maritza Wellington
Property Manager · Sunrise, FL · Member since 2021 · 10 posts · 5 votes
5y

Bruno, the benefit of being on BiggerPockets is the Network available.  Check out who may be listed there (you should be able to filter by area).  There are some good lenders who specialize in investments and may not need personal income if the deal makes sense.  Another way to build relationships with lenders who work with investors is to attend local investor clubs as many attend those events.  I have met quite a few that way.  I hope this helps.

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  • Austin Drew
    Rental Property Investor · West Palm Beach, FL · Member since 2019 · 155 posts · 57 votes
    5y

    Hey Bruno, there's a few good lenders in the area. Feel free to shoot me a message for details

    0Reply
  • Maritza Wellington
    Property Manager · Sunrise, FL · Member since 2021 · 10 posts · 5 votes
    5y

    Bruno, the benefit of being on BiggerPockets is the Network available.  Check out who may be listed there (you should be able to filter by area).  There are some good lenders who specialize in investments and may not need personal income if the deal makes sense.  Another way to build relationships with lenders who work with investors is to attend local investor clubs as many attend those events.  I have met quite a few that way.  I hope this helps.

    1Reply
  • Adam Polignone
    Lender · Las Vegas, NV · Member since 2021 · 13 posts · 3 votes
    5y

    Hey Bruno. Congrats on buying your first rental! I happen to be an MLO licensed in Florida.  You can call/text me anytime regarding rental property investment (702)232-6901 . You CAN use the potential rental income to qualify. 

    0Reply
  • Tracye Bynum
    Lender · North Little Rock, AR · Member since 2020 · 5 posts · 0 votes
    5y

    Bruno, I can possibly assist you....dm me...let's chat

    0Reply
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