Real Estate Investment Loans in Georgetown

A large number of real estate investors work with investment property financing to acquire an investment property or to refinance a current property. Having access to Georgetown, Massachusetts investment property loan solutions at the appropriate time, with a suitable loan structure, duration and interest rate, will help real estate investors continue on their road to success.

Real estate investors in Georgetown may be very happy to know that investment home mortgages, in addition to being painless to be approved for, are additionally fast closing. Unlike banks, privately owned loan firms will not pooh-pooh authorizing a loan to a self-employed individual, particularly if the property will be able to generate cash flow, and the borrower has proven practical experience in real estate management, along with a well thought-out project plan and the fiscal capability to handle the loan terms. Aside from that, a down payment of some sort will be needed, whether offered as cash or making use of home equity within the property. Having a lesser amount of form-filling and paperwork in contrast with traditional bank funds, fast closing private real estate investment loans in Georgetown, Massachusetts also give borrowers an advantage over their competition.

Real estate investors who've built up extra equity inside their real estate holdings can put it to use towards further real estate purchases or to enhance their amount of working capital. By way of example, there was a husband-and-wife couple that acquired a bank-auctioned home for $600k in a trendy tourist area close by Lake Michigan. They sunk $150,000 into upgrading and remodeling the house, and after that they turned it into a bed-and-breakfast rental and the appraised value rose to $1.2 million.

The home produced net earnings of $120k/year. But with a poor credit rating of 460, there was no way they could obtain a loan with a regular bank to reclaim their $150,000 personal investment. Read Rock Capital (Read Rock Capital) issued a real estate investor loan at 65% loan-to-value, providing the couple with $780,000, and helping them unlock the cash they originally put into the home.

Investors who would like to complete a cash-out refi to take advantage of the equity in their investment properties to purchase additional properties can also go for real estate investor loans. Think about the situation of any person who buys a fix-and-flip property or home in Georgetown, performs the necessary renovations, but struggles to find a buyer for it. With his money tangled in this specific home, he ends up missing all sorts of other real estate investment opportunities whose timing he can't predict. Most ordinary loan institutions, along the lines of a bank, won't approve a cash-out refinance if the applicant has not yet held the home for at least one year. But Read Rock Capital can grant a cash-out refi all the way to 70% loan-to-value, as calculated by how much the property appraises for, even if the property is unoccupied.

Read Rock Capital is aware that the capital needs of an investor in real estate are not the same as that of a typical home buyer. If you're trying to find a loan provider who understands your needs and can present you with straight answers regarding your Georgetown real estate investment loan choices, you have arrived at the perfect place. Complete the form on this page or give us a call to discuss what kind of investment property loan will be best for your property.

Request More Information

A loan specialist will be in touch shortly

Personal Info

Project Info

Investment property loans only please, no primary residences at this time.