Understanding Buy and Hold loans:

As the name suggests, this type of rental property financing loan is usually taken for long-term gains. People opt for buy and hold loans to avail a piece of property and rent it out. In this case, people get a loan and hold it for a considerable duration of time in order to reap maximum benefits. Unlike fix and flip loans, buy and hold loans operate over a longer duration of time and span out over a couple of years.

What are their advantages?

In case you are looking to get hold of a real estate property and rent it out but don’t have the required funds for it, then buy and hold loans are the best option you can resort to. These loans can be repaid as per your convenience with the loan repayment period spanning up to 30 years. There is plenty of flexibility in this aspect and the repayment structure is also comfortably designed.

How can you avail one?

Local Flip Funding is a direct money lending company that backs you up in your darkest hours of availing rental property loans. All you need to do is apply by filling a form for a buy and hold loan at the company with providing your original certification and wait for an approval. Once you get a thumbs up, the deal will be closed within 21 business days. With Local Flip Funding, the rental property financing process is not just easy but quite effective as well.

Why is Local Flip Funding the best option to consider?

We, at Local Flip Funding, ensure that our customers avail the best and maximum benefits without it becoming heavy on their pocket. In addition to that, we even offer step-by-step guidance for buy and hold loans to people who have no previous knowledge about rental property loans and real estate investment. There are no tax returns and no big loan balloons.  With us, you can rest assured that you will never have to worry about investing your finances ever again.

Buy and Hold Loans

• Flexible fees and payment structures

• Long-term financing, 30 years without balloons

• No tax returns or 4506 requirements

Our Loans

• No DTI calculations or income qualification

• No sourcing or seasoning of funds

• 30 day ownership seasoning on refinances

Get Funded

Because we are a direct lender, we get you your money fast. Once your appraisal is ordered, we typically close within 21 business days.

Loan Processing

We will order your appraisal and title work. You’ll need to make sure your insurance is up-to-date.

Applying is easy. Simply fill out a quick form and one of our helpful Account Executives will contact you to complete the application process.

Talk more about your products here.

Connect with one of our knowledgeable and friendly Account Executives about your real estate lending needs. Fill out a quick form and we will contact you.

Contact Us Today

Give us a call at (855) 267-7552, or click the button on the right to fill out an application form. It only takes minutes to find out what you qualify for and is free of charge. What are you waiting for?

Apply Now