Investment property financing is a good option for many people shopping for an investment property or refinancing a current home or commercial building. With the appropriate Venice, Florida investment property loan, in addition to suitable financing provisions and rates, real estate investors can quickly climb the success ladder.

Real estate investors in Venice will be very happy to learn that investment home mortgages, besides being painless to be approved for, are also fast closing. Even while many banks hesitate to lend capital to a self-employed person, privately held financing companies have no issues granting a loan, as long as the investment project has a strong likelihood of generating income, the person has working experience investing in and running real estate ventures, and he has a planned strategy for an exit and the fiscal capacity to satisfy the mortgage terms. Aside from that, a down payment of some kind would be expected, whether by means of cash or utilizing equity within the property. Having less form-filling and paperwork in comparison to standard bank loans, fast closing private real estate investment loans in Venice, Florida also give borrowers an advantage over their competition.

For a number of real estate investors, the existing equity locked within a property is often an easy way to raise money for upcoming property purchases or to improve the overall level of capital available to them. For instance, there was this husband-and-wife duo that obtained a bank-auctioned property at a cost of $600,000 in a popular tourist area near Lake Michigan. They performed renovations that cost $150,000, after which the property, which was being operated as a bed-and-breakfast, was professionally appraised at $1.2M.

The total annualized cash flow received from the property added up to $120,000 per year. But having a low FICO score of 460, there wasn't any chance they would be able to work out a loan with a traditional bank to recoup the $150,000 personal investment. Read Rock Capital (Read Rock Capital) authorized a real estate investor loan at 65% loan-to-value, supplying them with $780,000, and allowing them to unlock the capital they originally put into the property.

Investors who would like to perform a cash-out refinance to take advantage of the equity within other investment properties to invest in additional properties can also choose real estate investor loans. Picture an investor friend you know who purchases a property in Venice and remodels it, but cannot flip it because of changed circumstances. His cash is trapped within this property, preventing him from utilizing it for other projects. Banks or other customary financial institutions are not going to consent to a cash-out refi if the individual has had the home for less than a full year. Conversely, Read Rock Capital will do a cash-out refi all the way to 70% loan-to-value based upon the as-is price tag of the house as confirmed by a qualified appraiser, even when the home is vacant and waiting around to sell.

As an investor in real estate, you should have a lender who is going to fully grasp your distinct funding requirements. Your search for a suitable Venice real estate investment loan ends right here. Enter your info into the contact form or give us a call to discuss which kind of investment property loan might be best for your property.