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Investment Property Financing
                                                                                                                      

Investment property financing products are my specialty. I have developed extensive knowledge of the underwriting requirements of investment property financing. For experienced investors, there are depreciation and expense treatment methods which improve your investment property financing ratios. For new investors, there are investment property financing programs allowing investment in real estate with lower down payment requirements.

Investment property financing products fall into two categories: Fannie & Freddie and our Investmeny Property Financing Specialty Programs. 

Investment property financing loans sold to Fannie Mae or Freddie Mac require a down payment ranging from 10% to 25% with an investment property financing fee ranging from 1.5 to 3 points. Please understand that these investment property financing fees are imposed by Fannie and Freddie and are not charges from either your lender or your broker. However, the investment property financing fee allows using conventional rates and loan limits. These conforming loans are available as either fixed rate or an investment property financing ARM. Even with the investment property financing fees, these loans can be a good choice if your goals are to maximize investment property cash flow and you plan to hold the property for a 3 to 5 year period. Ratios are normally 28/36, but with electronic underwriting, excellent credit and some liquid reserves, it is not uncommon to see back ratios in the middle 40s. Rental income is decreased by a 25% vacancy factor but there are underwriting methods which eliminates this issue for experienced investors.

The Investment Property Financing Specialty program (actually a growing group of investment property financing programs) allows purchase or refinances with only 5% equity. The program allows up to 20 properties plus your home. Available up to $1,000,000 and 2-4 unit properties are acceptable. Ratios are generally 34/40 and a No Documentation investment property financing is available. Available as a fixed or adjustable rate in many reduced down payment scenarios.. 

NEW! 100% investment property financing is now available with fairly reasonable rates. These programs have been available for a while, but at extremely high rates compared to market rates. We finally have a source of financing that will allow you to acquire property with limited out of pocket costs.

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Read more about Investment Property Financing Closing Costs

For the the greatest flexibility and maximum loan qualifying ratios, you may be interested in the Cash Flow Investment property financing.

I have a page on how to calculate your qualification ratios.

No Documentation loans are now available.

If the building you are looking at contains 5 or more units, you need commercial loans. We can still help you with your mortgage needs.

If you are looking at foreclosure property, I have a free report available by email.

Here are my thoughts on the difficulty of "flipping" investor properties.

New! I have added a page on how to properly compare different investment property that may be helpful to you