Conventional lending asks what you earned on paper. Investor lending asks what the property earns. If you have been told no because of your tax returns, that was the wrong question being asked about the wrong thing.
These are business purpose loans for investment property. Purchase, renovate, build, refinance, or pull equity out to go buy the next one.
The rental income is your proof of income.
Qualification runs on what the property earns, not on your tax returns or your W2. If the rent covers the payment, the file works. This is the workhorse of the investor world and the reason self employed investors and people with heavy write offs can keep buying.
Buy it and fix it on one loan.
Short term financing that covers the purchase and the renovation budget together, with rehab funds released in draws as the work is completed. Built for investors who are moving on a timeline and cannot wait on a conventional process.
Ground up, financed from the dirt.
Financing for investors building from the ground up, structured around the build schedule rather than a finished appraisal. For builders and investors who have the plans and the lot and need the capital to execute.
Short term capital that closes fast.
When the opportunity will not wait for a conventional timeline, bridge financing gets you to the closing table and buys you the room to arrange permanent financing or sell.
Several properties, one loan, one payment.
If you are holding a handful of doors across separate notes, a blanket loan consolidates them. One closing, one payment, and considerably less administration every month.
Pull the equity out and go buy the next one.
Your rentals have appreciated and that equity is sitting still. A cash out refinance turns it into the down payment on the next property, and it qualifies on the rent the same way a DSCR purchase does.
Generally no. Business purpose investor loans are underwritten on the property and the deal, which is why investors who write a lot off on their taxes can still qualify. Credit and reserves still matter, and the property still has to appraise and perform.
Yes, and most investors do. Business purpose lending is designed for entity vesting, which is one of the main practical differences between this and a conventional mortgage.
Six forty and above opens the most programs and the best pricing. There are options below that with tighter guidelines and a larger down payment, so it is worth asking rather than assuming.
These are business purpose loans, made for investment property rather than a home you live in. They are underwritten differently, they are not subject to the same consumer disclosures, and they cannot be used for a primary residence.
Considerably faster than a conventional purchase, because there is no personal income to document and verify. Timelines depend on the appraisal and on title, not on your paperwork.
Send the address and the rent and you will get a straight answer on what it can be financed at.
Business purpose loans are made for investment property and may not be used for a primary residence. They are not subject to the consumer disclosures that apply to owner occupied mortgages. Programs, rates, terms and guidelines vary by product and by state and are subject to change without notice. Not all applicants will qualify. This is not a commitment to lend.
