Investment Loans in Redding, CA
If you have 20% to put down, a conventional loan may be the best option for you.
Call me, and we’ll figure out your options together.
We offer a great selection of investment loans options
A Few of the Benefits
If you’re looking to invest in real estate, good options are available for financing. Megastar Financial is a very good choice for an investment loan, as we know the market locally and are willing to help customers invest.
- Up to 80% Loan-to-Value ratio (LTV) for a single-income family.
- Purchase 2-4 Units up to 75% Loan-to-Value. You may purchase two to four units at up to 75% LVT.
- Fixed, adjustable-rate, or interest-only options available.
- We’re prepared to close within 30 days.
- Renting out investment properties can help cover the cost of mortgage payments.
- You may benefit if the property increases in value
- Interest in home investment loans is tax deductible.
- Property investment is not necessarily as volatile as other forms of investment.
Why Invest in Real Estate
- Stable long-term returns: Homes are an extremely reliable long-term source of money.
- Strategic Investment: You can buy a home, repair it, and sell it for a profit.
Keep in mind that without a history of successful real estate investment, it may be difficult to secure a great investment loan. There are a few other difficulties with investment loans to be aware of:
- Investors will be vulnerable to changes in the property market.
- Entry and exit costs associated with real estate investment are fairly high.
Buying a Rental? Here Are Some Do’s & Don’ts
How to Calculate Your Return on a Rental Property
- Add up the down payment + closing costs + repairs needed = Investment.
- Subtract the total monthly amount you will be paying (PITI) from the gross amount of rent = Monthly Cash Flow. (“PITI” sounds like “pity” and stands for monthly principal, interest, taxes, and insurance).
- Add up any monthly expenses including property management fees, monthly repairs, etc., and subtract this from the Monthly Cash Flow = Net Cash Flow.
- Multiply the Net Cash Flow by 12. This is the Yearly Profit from the Rental.
- Divide the Yearly Profit into the total Investment that you calculated in #1.