Investment
Loans
We
understand the importance of a Real Estate Investment loan
getting done efficiently. Properties that have a good return
on investment don't last on the market very long. Losing one
because of an inexperienced lender can cost you thousands.
Let us show you the great service you
deserve. Don't risk your
next loan on an inexperienced lender.
Our
Loan Advisors will tailor the perfect loan to your unique
scenario. Whether
your intent is to maximize cash flow, purchase
with little down, or secure financing with a fixed rate,
your Loan Advisor will assist you in determining which
loan program
is right for you.
Here are
a few points of interest when looking at investment in real
estate:
Fannie
Mae has a guideline that limits the number of properties
financed at any one time to a total of ten including your
primary residence. Many Lenders will limit the number they
finance
to less than ten. We are able to finance a virtually unlimited
number of rental properties for any borrower because we
have the ability to sell the loans on the secondary market
to
multiple investment banks. Although we are limited to the
number they
will purchase, we have a lengthy list of banks willing
to purchase the loans we have in our portfolio. 1031
Exchanges offer Investors the opportunity to dispose (sell) of a
property and postpone the tax liability on the
profit
(capital gain) until a later point. Usually, this tax liability
will be realized when the second property is sold in the
future unless it too is sold under a 1031 Exchange.
Interest
Only Programs allow Investors to finance rental properties
paying only the interest on the loan for the
first ten years.
The loan converts to a fully amortized twenty year fixed
loan. The Interest Only payments are less than the fully
amortized
payments making the monthly cash flow greater on the
property each month. It could be the difference between a rental
property with a positive cash flow rather than a negative
cash flow.
Of course, the principal balance of the loan remains
the
same during the period where only the interest is paid.
Taxpayer's
Relief Act of 1997 enacted by the government made
it more attractive for individuals to invest in
real estate.
Changes to the depreciable life of a property, the
tax rates, and the deductible expenses favored the Investor.
Changes
to the Exclusion Rule for a primary residence also
favored
the
homeowner. A CPA or real estate attorney can better
illustrate the changes that apply to your specific tax profile.
| For New Purchases |
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for your new purchase amount below. |
| To Refinance |
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