Inspyre Funding - INVESTMENT PROPERTY LOANS
Financial Services - Mason, Ohio, United States
Inspyre Funding - INVESTMENT PROPERTY LOANS Employees
Inspyre Funding - INVESTMENT PROPERTY LOANS Details
𝐈𝐍𝐕𝐄𝐒𝐓𝐌𝐄𝐍𝐓 𝐏𝐑𝐎𝐏𝐄𝐑𝐓𝐘 𝐋𝐎𝐀𝐍𝐒 ▶︎ 𝐖𝐇𝐀𝐓 𝐈𝐒 𝐀𝐍 𝐈𝐍𝐕𝐄𝐒𝐓𝐌𝐄𝐍𝐓 𝐏𝐑𝐎𝐏𝐄𝐑𝐓𝐘 𝐋𝐎𝐀𝐍?An investment property loan is a loan secured against an investment property. An investment property is one that is purchased or refinanced to earn a return by 1) renting it, or 2) reselling it in the future, or 3) using it for business. However, a property acquired to fix-and flip is not considered an investment property for this program.▶︎ 𝐖𝐇𝐎 𝐈𝐒 𝐓𝐇𝐈𝐒 𝐅𝐎𝐑?- W2 employees and self-employed investors looking to earn returns through investments in real estate.- Small business owners looking to purchase or refinance a property for business purposes. ▶︎ 𝐇𝐎𝐖 𝐈𝐓 𝐖𝐎𝐑𝐊𝐒?- Funding is based on property's value and revenue-generating potential rather than borrower's personal income.- Purchase or refinance, with the flexibility to remain in the loan for up to 30 years. ▶︎ 𝐊𝐄𝐘 𝐎𝐔𝐓𝐂𝐎𝐌𝐄𝐒:- Loans up to 75% LTV for investors with good credit.- Loans up to 50% LTV for investors with derogatory credit and bankruptcy issues.𝐑𝐄𝐀𝐋 𝐄𝐒𝐓𝐀𝐓𝐄 𝐒𝐄𝐂𝐔𝐑𝐄𝐃 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐋𝐎𝐀𝐍 ▶︎ 𝐖𝐇𝐀𝐓 𝐈𝐒 𝐀 𝐑𝐄𝐀𝐋 𝐄𝐒𝐓𝐀𝐓𝐄 𝐒𝐄𝐂𝐔𝐑𝐄𝐃 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐋𝐎𝐀𝐍?Short-term business loan (typically repayable between 12-18 months) secured by residential or commercial real estate. ▶︎ 𝐖𝐇𝐎 𝐈𝐒 𝐓𝐇𝐈𝐒 𝐅𝐎𝐑?- Business owners looking for working capital that have access to real estate equity to support the required funding. - Business owners with less than perfect credit and operating history but run profitable businesses. ▶︎ 𝐊𝐄𝐘 𝐎𝐔𝐓𝐂𝐎𝐌𝐄𝐒: Timely funding that can be used for almost any purpose including:- Bridge funding- Debt consolidation- Refinancing an existing loan- Purchase/Refinance of investment property
