(631) 771-1811 Unlock the equity in your rental property(s) by freeing up cash to grow your rental real estate investment business. Unlike conventional bank loans, our asset-based loans are approved based on the “As-is” Appraised Value or the After-Repair-Value of the borrower’s real estate asset.
PRIME ONE CAPITAL® can provide long term peace of mind to landlords & real estate investors looking to buy & hold or buy & rent non-owner occupied residential properties for rental income. Rental loan rates as low as 5.5%
SINGLE ASSET RENTAL LOAN: The Single Rental Property Loan provide financing to investors of all experience levels to purchase their first property or to add a new property to their portfolio. Investors generally, will use this loan to refinance a property for a better rate or to take cash-out. We’ll provide financing for 1-4 Family Residence, Multi-Family Apartments, Condos, Townhomes and Mixed-Use Properties. Loan Amount from $75k – $3M+up to 85% LTC of the Purchase Price & up to 75% LTV for Refinance.Interest rate ranging from 5.75% – 9.85% with loan term length up to 24 months, extension option available depending on the project. Rent Coverage Ratio 1.25x
RENTAL PORTFOLIO LOAN (Buy and Hold): The Portfolio Rental Loan help buy-and-hold investors to unlock equity and get cash out of their existing rental investment properties.Property to have seasoned for 3 months. Minimum loan amount of $75k – $5M+ and up to 85% LTV with interest rate as low as 5.5%. Term 2, 5 or 10 year fixed to amortize over 30 years or make interest-only payments. The rate is generally determined by the loan-to-value, liquid assets, credit and the DSCR/Rent Coverage Ratio. We typically like to see Debt Service Coverage Ratio (DSCR) in the 1.20x range and better.
We’ll get the financing you need for your rental real estate investment project! To get started click on Apply now
