Turnkey Provider Looking to Provide "In-house" financing

Turnkey Provider Looking to Provide "In-house" financing

Derek GendigPro Member
Broker / Investor / Property Manager · Indianapolis, IN · Member since 2014 · 125 posts · 42 votes

I work with a brokerage that provides access to turnkey real estate investments to include property management (if desired).  To this point, we've only worked with individuals that acquired funds on their own.  As things have grown, we've realized that should we offer a financing solution with the homes, more investors would purchase.  I believe this to be because most people don't know where to seek funds outside of traditional loan products from a bank.  With that being said, we have not offered any possible financing solutions in the past mainly because we too don't have a relationship with a proven lender who understand that value in real estate investments and the cash-flow they generate.  

Can anyone give any insight as to where we might begin our search for a credible lender/financing component to add to our business referral list?  We are completing a new website for our growing group and are considering placing an application directly next to the available homes as a way to streamline the process.  Any thoughts on this? 

Thank you in advance.  

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  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    10y

    you can hit me off line this is a simple request

  • Buy & Hold Owner · Redlands, CA · Member since 2015 · 5k+ posts · 2k+ votes
    10y

    Lending requires a license, unless it's Owner to Carry - - be careful.

  • Lender · Charlottesville, VA · Member since 2013 · 126 posts · 28 votes
    10y

    Give me a call..

    Richard

    434-324-7229

  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    10y

    @Derek Gendig - I'm a private money broker, and work with about 3-5 private lenders who provide turnkey rental financing. From as small as $20k to $2M. Programs vary based on borrower, property location, address, DSCR, etc.....ex. 3/1, 7/1, 15/15, 30/30

    Feel free to email or call if I can be a resource to your clients.

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