SUMMIT LENDING -Specialists in investment property financing

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LENDING TIPS FOR INVESTMENT PROPERTY

1. When working with agents let them know upfront if you are making cash offers, investment rehab loans or conventional financing.

2. When working with banks on foreclosures cash offers often get more attention. Rehab loans are often considered cash offers.

A Texas investment loan can be used for rental property (non-owner occupied loans) 1-4 units. Investment property loans are usually a higher interest rate than an owner occupied, or non investment loan.