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Updated about 3 years ago,
Long-term landlord loans, short-term purchase-rehab loans
Need a purchase-rehab loan for your next flip or BRRRR deal?
How about a long-term landlord mortgage?
We’ve partnered with Lending Home to provide both. Here are a few details:
- No income docs required
- No cash reserve required (for rental mortgages; flip loans sometimes require it)
- Minimum credit score: 680
- Interest: 6.125% and up
- Down payment: 15%+ for purchase-rehab loans, 25%+ for rental mortgages
- Does not report to credit bureaus, no limit on # of loans
- States Serviced: Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, Michigan, Missouri, North Carolina, Nevada, New Jersey, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, and West Virginia
Happy investing!
Brian
Offering