Hard Money Lenders for Investment Property in Jackson MS
The Problem
You are thinking about buying an investment property in Jackson, MS but need financing for the renovations.
To buy real estate and rehab it you need financing. Hard Money is the most common source of rehab financing used in the Jackson, Mississippi market. Here are three loan products available for investors buying cash flowing rental property in Jackson, Mississippi.
1. 5 Points and 15%- This loan program gives you plenty of time to finish your rehab and refinance the property. It is a 6 month loan and was designed specifically for investors that are worried about being able to quickly refinance. Many of our clients are using this loan to buy investment property because if their financing takes longer they can pay the interest with the rent.
2. 2.5% per Month- The faster you move your rehab and refinance the more money you can save with this product. Because there are no points on the front end you can save a lot of money on quick rehab and refinances.
3. 5 Points and 12%- Want to keep investing in Jackson Mississippi real estate but can't get financing past the standard Fannie Mae 4? With this loan program, you can still buy wholesale deals available in Jackson up to 20 properties for qualified borrowers.
We would love to be a part of your team for investing in Jackson, MS real estate. Feel free to call us at (601) 952-0350 or sign up below and someone will contact you.
Tuesday, January 20, 2009
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