Although we still love a good fix and flip project, we also recognize the value in buying a property and holding it for the long run—especially given this current market trend of rising rents. For those clients looking for a long-term product for income-producing properties, we have you covered.
We offer a Fix and Rent solution to those looking to purchase a property, fix it up, and then turn it into a rental. To do this, we would provide you with short-term financing for the purchase plus all or part of the repair budget. Once the property is rental-ready, we would then refinance the loan into a 5/7/10 year ARM or a 30 year fixed loan with a lower rate.
This is a great option for our clients who want to hold onto their investment properties and generate income. Why not take advantage of the inflationary pressure on rents and set yourself up for success? Have a project in need of financing? Get a quote below.
Want to learn more? Reach out to your point of contact or email us at info@gonavcap.com to be put in touch. Or pick up the phone and call/text us at 888.444.3160. We want to hear from you!