While no one knows how long home prices will continue to rise however it is more likely than not rents will not be decreasing. With that said investors are now more attracted to long term rentals or short term rentals such as vacation rentals/Airbnb's. Since the start of 2020 we've lowered our rates in the long term rental non-owner occupied no income verification programs also known as NONI. Borrowers with 680+ FICO get rewarded with lower rates on 5 year ARM and 30 years fixed programs. We offer this program in 30 states which borrowers can also add up to 2.5% of closing cost financing with an additional .25% rate hit which allows borrowers to finance up to 82.5% LTV on loans over 150K-1.2M. Borrowers have an option to pay their own escrows or set up impound accounts which is not as common with this type of financing. Borrowers will have 3 years prepayment penalty 3%/3%/3% if they decide to change loan or sell property. This program does not require investment experience on 1-4 unit properties. So long as area rental calculation (1007) covers monthly mortgage and equity requirements are met for down payment this program does not require rental agreement or even a tenant in place so long as property is used for investment purposes. For any reason debt service ratio is less than 1 which means its negative on cash flow every month its .5% additional rate hit however still can be done. Lastly, we cover up to $550 of appraisal cost at closing.

Dez Gerald is a real estate broker & stager in the Charlotte, North Carolina region with over 15 years experience in her local market her and her sisters have been working with buyers, sellers as well as investors.  Her professional experience on the local communities.  Dez Gerald CEO/Owner at DI Real Estate & Staging.  For more information you can contact her [email protected]

http://www.direalestatestaging.com/

Join Dez's home buyer & investor groups

www.facebook.com/homebuyerrenterscircle

meetup.com/wholesalers-investors-flippers

#DezGerald #RealEstateBroker #Stager #NorthCarolina #Charlotte #Staging #Investors #Buyers #Sellers #Direalestatestaging #1sttimehomebuyers #Homesellers #Moveupbuyer #ElixirMortgageLending

California/Florida One Stop Shop Home Loans, Jumbo, Conventional, FHA, VA, Reverse Mortgage & Bank Statement Loans.  Knowing you have options to getting into a home is important and for many folks its a choice.  

Jack DeAngelis on his extensive experience in business for many years in several different industries as well as understanding of what small business owners go through especially in today's environment.  You can reach Jack DeAngelis directly at 949.439.7527 or [email protected]

Jack DeAngelis on his extensive experience in business for many years in several different industries as well as understanding of what small business owners go through especially in today's environment.  You can reach Jack DeAngelis directly at 949.439.7527 or [email protected]

Dez Gerald is a real estate broker & stager in the Charlotte, North Carolina region with over 15 years experience in her local market her and her sisters have been working with buyers, sellers as well as investors.  Her professional experience on the local communities.  Dez Gerald CEO/Owner at DI Real Estate & Staging.  For more information you can contact her [email protected]

http://www.direalestatestaging.com/

Join Dez's home buyer & investor groups

www.facebook.com/homebuyerrenterscircle

meetup.com/wholesalers-investors-flippers

#DezGerald #RealEstateBroker #RealEstate #NorthCarolina #Charlotte #Staging #Investors #Buyers #Sellers #Direalestatestaging #1sttimehomebuyers #Homesellers #Moveupbuyer #ElixirMortgageLending