Are you looking to diversify your real estate investment portfolio with rental property? If so, it’s a wise move—not only because it will reduce return volatility but because it will also allow you to take advantage of evolving market trends.
Given the fallout from the mortgage foreclosure crisis and rapid demographic changes including the rise of millenials amid an aging population, home ownership just isn’t what it used to be. According to the Housing Vacancy Survey, the number of renter households rose by 600,000 from 2015 to 2016, marking 12 consecutive years of growth. Meanwhile the nationwide homeownership rate has been fairly stagnant.
So, with rental demand reaching new heights, it seems like a great time to add a rental property into the mix. But, since financing a rental is a whole new ball of wax, you may be wondering just how to find the right loan.
Luckily for you, NavCap has launched a new loan program designed exclusively for long-term rental investments. If buy and hold is your investment strategy, it’s never been easier to secure the right financing. We have designed a customizable program that checks all the boxes—providing quick access to funding at low rates with flexible terms.
It’s a simple, straightforward option for the experienced real estate investor. Qualifying is easy—no personal income requirements or debt to income restrictions. No need to provide us your tax returns either. And with loans available as either 3 or 8 year fixed and amortized over 30 years, you have the option to remain in the loan for the duration.
We realize that, when it comes to real estate investing, time is of the essence. Whether you are in the market for fix and flip financing or a rental property loan, NavCap is in your corner. We are committed to providing rapid approvals so that the money you need to purchase or refinance the property is in your hands—fast. Give us a call at 443.603.0193 or info@gonavcap.com or sign up here for more informatio