Real Estate Investor Loans
Next-Financing’s Real Estate Investor Loans are provided via a simplified, easy to navigate application, approval, and process. We currently offer a full suite of real estate loan products, but our most popular or core products are listed below.
Our Real Estate Investor Loans were created for the broker and investor community – in search of alternative financing after the banks have turned them down. We are a one-stop shop with direct involvement from beginning to end. From loan submission to funding, we handle the process in-house. With today’s ever-changing guidelines, we do everything possible to assist our clients and broker partners, offering a national lending platform with defined rate sheets, easy-to-understand underwriting guidelines, and in-house discretionary capital.
Most Popular Real Estate Investor Loans
Fix and Flip Loans: Our fix and flip loans allow you to purchase a property under market value, rehab it, and then re-sell it as quickly as possible. Typically, a 1-year term with no pre-payment penalty, it enables investors like you to maximize returns on quick flips. If you have a larger rehab project that is going to take longer than one year, do not worry we also offer 2 year fix and flip options as well. 12-Month Fix & Flip Financing – Interest only competitive rates starting at 7.99% and approvals up to 100% LTV & 100% rehab costs – Fast Close (14-21 Days).
https://next-financing.com/fixandfliploans
Rental Loans: Next-Financing Rental Loans provide investors of all experience levels the ability to purchase, refinance or cash-out refinance individual rental properties, as well as portfolios. We offer a variety of Rental Loan products – 5 Year ARM, 7 Year ARM or 30 Year Fixed – Competitive rates starting at 6.29% & approvals up to 80% LTV – Fast Close (21-30 Days).
https://next-financing.com/rentalloans
Vacation Rental Loans: Next-Financing also provides long-term Vacation Rental Loans for your short-term vacation rental properties. Our flexible loan options are sure to meet the needs of almost any vacation rental investor. Vacation properties are a fast-growing niche within the real estate investor community & are a great way to grow your real estate investment portfolio.
https://next-financing.com/vacationrentalloans
Fix & Rent Loans: By combining the first 2 products listed, Our Fix & Rent Loans were designed specifically for investors who are looking to purchase a property, rehab and hold as a short or long term rental property. For experienced real estate investors, we offer a single-close Fix and Rent Loan. You can get the best of both worlds with a best in class Fix & Flip Loan, which transitions seamlessly into one of our Rental Loan products – 5 Year ARM, 7 Year ARM or 30 Year Fixed.
https://next-financing.com/fix-rent-loan
Refinance / Cash-Out Refinance: Whether you want to lower your payment or get cash out, refinance is for you! Leverage the equity of your investment property to fund and acquire your next investment. You can leverage a cross-collateralization loan by combining equity from multiple properties to help with your next project. We offer a variety of Refinance products – 5 Year ARM, 7 Year ARM or 30 Year Fixed – Competitive rates starting at 3.89% & approvals up to 80% LTV. (no minimum credit score needed for cash-out refinance)
Multi-Family Loans: If you’re looking to purchase or refinance a multi-family real estate property (5 or more units) – in need of some value-add rehab or currently turnkey ready, our Multi-Family Loan product is perfect for you. Our unique positioning and strategic vertical approach provides fast and efficient financing to our value-add Multi-Family clients.
Commercial Loans: Next-Financing provides commercial loans for a wide variety of commercial properties, which include office buildings, mixed-use buildings, retail stores, warehouses, self-storage, auto repair shops and much more.
Real Estate Investor Loans / Our Mission
Our mission is to make the overall process of applying and receiving Real Estate Investor Loans quicker and more reliable by focusing on three key factors:
Real Estate – The Deal: Next-Financing helps provide real estate investors with the capital they need for all of their real estate investing needs. We understand how competitive our industry has become, so we analyze each new deal with extreme creativity. We encourage our team to think outside the box to ensure we provide our clients with the very best product for their current situation & need. If the deal makes sense, we’ll fund it.
Technology – The Process: Next-Financing provides a streamlined, user-friendly online application making it faster and simpler for borrowers to receive funding to grow their real estate investment business. Our technology was created by real estate investors for real estate investors.
Customer Service – The Client: Next-Financing combines their extensive real estate experience and exceptional customer service to provide a one on one experience to help clients. We don’t look at your deal as a number or just a transaction. It’s an opportunity to prove ourselves, build a relationship and earn your business for today and the future.
What Makes Our Real Estate Investor Loans Different?
It all starts with offering great pricing and industry low fees, while closing in 14 days or less for our core residential products – Fix-Flip loans, Rental Loans and Refi’s. No complicated forms or unnecessary paperwork and you can pre-approval numbers the same day – at worst, within 24 hours. We put the cherry on top of the sundae, by having our loan advisors with you every step of the way.
Let’s put you in the driver’s seat and allow you to decide for yourself. Ask yourself these questions to see if Next-Financing’s Real Estate Investor Loans are the perfect choice for your real estate transaction.
Timeframe?
Are you a busy investor looking to receive your loan funding fast, but don’t want to wait up to 90 days or more from a traditional Bank or Conventional Lender? We can have your money ready for you in as few as 14 business days so you can start your investing sooner rather than later.
Basis For Loan Approval?
Tired of banks and their strict guidelines, rules, restrictions and credit committees overseeing the approval of your loan application? We use a simple, yet effective common sense approach that first focuses on the property and then looks at your investor experience, credit and ability to close & service the loan.
Credit Score?
Have you been trying to get a loan at the bank, but don’t have the necessary credit score? We are much more flexible in the FICO score department and are happy to work with each client’s individual situation.
Required Documentation For Next-Financing’s Real Estate Investor Loans?
Are you tired of being overwhelmed with the crazy amount of documentation and paperwork that banks require in order to complete their application? We keep it simple by just asking for the basic documentation so you can apply faster and easier.
Application Fees?
Are you trying to keep application costs down, but have come to realize that banks charge you application fees and more to review and process your paperwork? We only charge you for our actual costs to close your loan, so there are no hidden or excessive fees for you to pay.
What Type of Real Estate Investor Loans?
Do you need a loan that covers more than just the owner-occupied property loans the bank is offering you? We provide financing to investors and properties of all types – whether it’s residential, multi-family or commercial. Our full suite of products can handle your investment wants & needs with service, speed and competitive pricing.
If you answered yes to any of these questions, then it is time to start partnering with Next-Financing. We can offer you competitive rates starting as low as 6.99% for Fix & Flip Loans or rates starting at 3.89% for Rental Loans and Refinance products. We invite you to apply today and see for yourself – Make the right choice and partner with Next-Financing for all of your real estate investor loans.
What Separates Next-Financing From The Rest?
We are not a bank or a hard money lender, but rather a direct private real estate lender that specializes in short & long term real estate investor loans. We are a hybrid lender, which means we will use our own internal funds or a bank/lender partner to fund your transaction. Our real estate investor loans division was created by real estate investors for real estate investors.
Different Types of Lenders – Real Estate Investor Loans
What are the different real estate investor loans available?
When investors find a real estate investment they are interested in and plan to either use it as a Fix & Flip or keep it as a Long-Term Rental, investors will typically seek some additional method of financing for their real estate deals. That’s where our full suite of real estate investor loans comes into play. Next-Financing is a one stop shop for all of your financing needs.
Real Estate Investor Loans – Hard Money Loans
Hard Money Loan: Type of loan that is issued to investors based on the “hard asset” or the property itself. While hard money lenders do take into consideration additional factors like the individual borrower’s credit, experience, and income, these are not as high a priority when determining the borrower’s eligibility and loan amount.
Hard money loans are funded through private investors, smaller companies and businesses. Traditional lenders such as banks will not issue hard money loans. Hard money loans typically come with much higher interest rates, sometimes anywhere between 11% and 16% and have shorter terms of around 6 – 12 months. This is a much quicker form of funding, with loans capable of being issued within 5 – 10 days.
When does it make sense for Hard Money and what type of properties?
Real estate investors who focus on rental properties and fix and flip projects will turn to hard money loans as a means of financing when they need to quickly secure a property or find that conventional lenders like banks have failed them. For investors who do not meet the standards that banks set, such as high credit scores and income, they will find hard money loans a good alternative form of funding.
Hard money lenders will mainly focus on non-owner occupied investment properties including single-family, multi-family, condos, townhomes, and even commercial units.
Real Estate Investor Loans – Private Money Loans
Direct Private Lender: Oftentimes, the terms hard money lender and direct private real estate lender get used interchangeably due to the similarities both possess. Both will lend based on the “hard asset” or the property/collateral itself, but private money lenders take into account additional factors beyond just the property such as the borrowers’ credit history, available cash, and income.
Private Money Loans are provided to investors for their non-owner occupied property investments. For Fix & Flip properties, these loans are usually short-term, with the expectation to be paid off within one year. For rental properties, private real estate loans can include a 30 year Fixed-Rate Loan, as well as Adjustable Rate Mortgages (ARM’s).
When does it make sense use Private Money Loans and what type of properties?
Applying for a Private Money Loan is a great option for real estate investors because of the flexibility at which they can work with borrowers. They provide the speed investors will appreciate when trying to close a loan, especially for a fix and flip, faster than the lengthy time frame banks typically take to complete a loan.
Also, private lenders can offer investors the freedom and ability to scale their businesses beyond what banks or other hard money lenders can provide. Where banks make simultaneous deals more difficult and limit investors to only ten properties to loan on, private lenders usually will not have limits on the number of properties an investor can be working on.
Depending on the private lender, they can loan on commercial or residential transactions. For the residential side of investing, private lenders can work with investors on either single-family properties, condos, duplex, triplex, 4plex, townhomes or multi-family deals.