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All Forum Posts by: Simmy Ahluwalia

Simmy Ahluwalia has started 107 posts and replied 1332 times.

Post: #AskBP - Private lenders for Buy and Hold investments

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

Allison, yes, long-term buy/hold is available from several lenders.  Options are a "blanket" loan on several rental properties to individual long-term loans.....meaning, 30 year term, 30 year AM schedule and rates starting at 6.45%.

There are lenders who will fund the purchase of an investment property, the rehab, and then automatically roll the loan into a 30-year mortgage automatically.

Hope this helps:)

Post: New Member from Atlanta, GA

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

Welcome Adam!  Real Estate Investing is so much fun!  If I can be a resource, please let me know.  I come across off-market investment deals daily, and I also broker money for acquisition and rehab, along with Unsecured Lines of Credit up to $200k.