Property types we can usually place
Wholesale programs differ on what they will finance, and condition matters as much as type. The common categories are:
- Single-family rentals, including townhomes
- Two- to four-unit properties
- Warrantable and many non-warrantable condos
- Short-term and vacation rentals with an operating history or market projections
- Five-plus unit multifamily and mixed-use buildings
Ways to qualify
Most of our investor clients qualify through DSCR, which looks at rent versus payment. Some prefer a program that uses bank statements or a full income review because it fits their profile better. Either way, the loan is for business purposes and the property is a rental, not your home.
Purchase financing basics
For a purchase, plan for a down payment, closing costs and reserves. Programs set minimum credit scores, maximum leverage and reserve requirements, and those move together: a stronger credit profile or more cash in the bank can offset a thinner rent cushion. Get a scenario review before you write an offer so your financing contingency matches reality.
If you plan to renovate first, a short-term rehab or bridge loan followed by a DSCR refinance may be the better path. We can map both stages from the start.
Questions investors ask about investment property loans
Can I buy a rental property in an LLC?
Yes. Most business-purpose programs allow LLC vesting with a personal guarantee from the members.
Do you finance a home I will live in part-time?
No. If you or your family will occupy the property at any point, including as a second home, it is outside what we arrange.
How long does an investment property loan take?
Timelines depend on the appraisal, title and how quickly documents come in. Having your entity paperwork, insurance quote and reserves ready up front is the biggest thing you can control.
Want to test the numbers first? Try the DSCR calculator, or read how much cash you can take out.