The ‘buy and hold’ strategy involves picking up an undervalued or foreclosed property with the intent of selling it once the value has appreciated. In the meantime, it may make sense to renovate the property and open it to renters. Because you need cash to purchase foreclosures, buy and hold private money loans are a great way to secure the financing you need.
We lend to real estate professionals interested in buying and holding properties for long-term cash flow. If you’re buying distressed properties and fixing them up, we can design our loans to maximize your options. We see the value in the ‘buy and hold’ strategy and will design the loan that fits your needs.
Our underwriting guidelines focus on equity, not borrower credit. We accept borrowers with low credit scores, prior bankruptcies, and foreclosures, so if a bank turns you down, call us!
Our buy and hold loans on residential real estate have been a great source of success for many of Aegis Funding Inc’s top clients. With traditional lenders limited to lending on owner-occupied or primary residences, Aegis Funding Inc., is the top private money lender in the market on non-owner-occupied residential properties.
Tell us what you need the money for and what you have to offer.
Based on your loan scenario we can provide you with a pre-qualification letter within as little as 24 hours.
We will provide you with a list of documents we need in order to obtain and verify all your information.
Within 3-5 business days, your loan will be funded and that money will be available for you to use on your project.
There are a lot of options for financing a rental property, but many bring with them substantial documentation requirements. Traditional banks, for example, will require extensive information beyond the property you want to purchase or refinance. In addition, with the added requirements comes a protracted timeline that can interfere with your ability to acquire a property and get it producing a positive cash flow for you. Our buy and hold loan programs are meant for the investor looking to move quickly and efficiently to acquire properties and build a portfolio.
We understand how crucial and important timing is, allow our team to go to work for you and get you the funding you need!
Call : + 1-714-465-4611
info@aegisfunding.com Mon – Fri 8am-5pm