Get a loan on an investment property

There are many reasons a bank will deny a loan on an investment property. For example, a low income, low credit score, lack of landlord experience, debt to income levels, tax returns, self-employed, or lack of W2 income...just to name a few. It seems like they're looking for a way to deny you. Don't take it personally. Even experienced investors with excellent credit scores and large portfolios can have difficulty dealing with traditional banks (I know this from experience). So instead of taking it personally, you need to change your mindset and realize that it is the banks who have it wrong.

Investing in real estate is hands down one of the best ways to create and preserve wealth, so don't let a desk jockey at a bank end your real estate dreams. Find the right lenders by filling out your loan request on this site, or get creative.

Partnering: There are lots of people out there with W2 money but not enough time. You can partner with someone with W2 income and give them equity in the deal without them having to lift a finger. Their income helps them get equity, and your hard work helps you get equity.

Seller Financing: This is exactly what it sounds like: instead of the bank providing financing, the seller provides the financing. There are advantages to this type of financing for both the seller and buyer. The seller gets consistent monthly payments and isn’t hit with a large tax bill. And buyers don't need to go through the colonoscopy that banks like to call underwriting.

You can also do a seller second, where the seller holds the note for the down payment of 25%. Then, you get a loan for the remaining 75%. Every month you'd pay the bank or private lender for the 75% loan and also cut a check for your monthly payment to the seller for their 25% loan.

Private Lenders: You often hear people talk about private lenders and wonder where they are. In fact, they are not unicorns at all. They are everywhere. Friends, family, coworkers and acquaintances, accountants and lawyers, friends of friends and bank tellers, realtors and diners next to you in a restaurant- these people have done mortgage lending with me to grow my portfolio to 127 rentals. You just need to start telling people about your real estate aspirations and pay attention. You'll find them everywhere.

There are several finance options: lease-to-own, subject to, quitclaim, or a "sandwich lease". The short answer is that traditional banks are just one of many ways to finance your real estate dreams.

Total Capital Network helps you to find investment property loans. We have all types of investor friendly lenders in our network. Investment property loans enable you to purchase and rent out homes for extra income, or you can use them to flip and sell homes for a profit.