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Updated over 1 year ago on . Most recent reply

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,414
Votes |
4,576
Posts

Easy Street Capital: Leading DSCR Lender for Alaska!

Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Posted

Real estate investors from all corners of the country are flocking to Alaska in pursuit of investment properties to bolster their rental portfolios. The Last Frontier has emerged as a top choice among real estate investors, owing to a multitude of factors such as a robust economy, affordable property prices, and consistently stable rental rates. Easy Street Capital takes great pride in being at the forefront of facilitating investment property loans for discerning investors seeking to establish and expand their real estate portfolios in Alaska!

Investment Property Loan Types

When it comes to real estate investing in Alaska there are good markets and many different types of investment property loans to choose from. Furthermore, each year around 2.25 million people visit Alaska. With the frequent snowfall and rugged elements, there are good properties in need of renovations. For investors adept at rehabbing 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!

EasyFix   EasyRent

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!

Real estate investors in Alaska are pleased to find a market that does not impose prepayment penalties, offering them the flexibility to refinance without financial restrictions. While some lenders may adjust interest rates slightly higher to accommodate this flexibility, the freedom to refinance remains a significant advantage for investors.

Where To Invest In Real Estate In Alaska

Alaska presents an extraordinary array of captivating real estate investment opportunities within its distinct and unparalleled markets. With its breathtaking landscapes, untamed wilderness, and vibrant communities, Alaska stands as an enticing destination for savvy investors seeking diversity and potential in their portfolios. Anchorage, the largest city in the state, provides a dynamic market with various strategies to explore. Fairbanks, known as the “Golden Heart City,” boasts a strong economy and proximity to natural attractions. Furthermore, Juneau, the capital city, combines government presence and tourism, creating a stable real estate landscape. Sitka, with its picturesque coastal beauty and rich history, offers potential for investors. Lastly, Cooper Landing, a hidden gem, presents opportunities for short-term and vacation rental investors with its stunning location along the Kenai River.

Read The Full Article Here!

  • Robin Simon
  • [email protected]
  • Offering
    Fairbanks, Alaska

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