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Updated over 8 years ago,
Rental Property Loans / Loans for Investors (CNBC Story)
Dear BP Members,
Note: This post is for general information purposes only & not an advertisement.
CNBC ran an interesting story earlier today (see link below) about a company named B2R (which is owned by Blackrock) which is offering loans to property investors for rental properties.
This is not an advertisement for the company nor the product & I have never used them, but as a real estate investor, I was intrigued, so I thought I would share.
This product is primarily targeted to buy & hold investors and apparently they will do up to 80% LTV, up to 30-year loans, and there is no income requirement (rental income is their primary determinant).
If anyone has used them, would be interested to hear your feedback.
Loans for Investors
Loans for Investors (CNBC Video)
B2R
Best,
Matthew