If you are a real estate investor, you understand there a plethora of different options when it comes to funding your transactions. These can range from conventional mortgages to private money and anything and everything in-between. Understanding the differences and advantages of your funding resources is an essential component of every successful deal. One financing method that is typically overlooked even by seasoned investors is real estate lines of credit. Regardless of whether your investment strategy is concentrated in commercial real estate, multi-family, single-family residences, or others, a real estate line of credit is a great funding option to ensure you have access to the capital you need when you need it.
Establishing a line of credit with Alpha Funding Partners offers you the best of both worlds: the financial flexibility to move quickly and rapidly to diversify your real estate portfolio in an increasingly competitive marketplace, and the peace of mind that comes with getting pre-approved terms that can be used for fix & flips, rentals, mixed-use properties and new construction projects up to $2.25 million. And because we structure our financing so that interest only accrues against outstanding balances, you only pay for what you use—effectively optimizing your rate of return.
For lines of credit, borrowers can apply and obtain the capital and credit needed on an expedited timeline. Investors often utilize the equity that they have accrued in their personally owned properties to finance their transactions. However, an equity loan is, by its nature, secured by your residence, and in the event of a default it could be jeopardized. That’s where the benefits of a real estate line of credit really come into play.
First off, with a real estate line of credit there is no need for collateral, appraisals, tax returns, or other time-sucking requirements that you usually have to navigate in order to receive funding. Even better is that Alpha Funding does not impose any sort of restrictions on how the funds can be used. We use your personal credit report and rating to evaluate your eligibility and after you are approved you can utilize your credit line to acquire real estate projects time and again. This gives you the distinct ability to be involved in more deals in a shorter timeframe. More deals translate into more money in your pocket at the end of the day.
After you obtain an Alpha Funding real estate line of credit, you can draw on and submit payments on it continuously. This allows you to invest and/or flip multiple properties with the same pool of capital—thereby saving you the time and hassle of submitting individual loan applications for each transaction. What’s more, with Alpha Funding there’s no need to worry about any fluctuating interest rates or ‘upfront costs’ those other lenders will usually try to impose on you. We pride ourselves in providing transparent and accessible lines of credit to ensure that you have access to the funds you need to close your next deal.
It doesn’t take a real estate mogul to realize that the current economic status is creating a significant number of can’t-miss real estate investment opportunities pop up around the country—making it essential that investors have the financial resources they need to take advantage of these once-in-a-lifetime deals. The opportunities are out there for anyone that has ready cash, which is precisely what you’ll have with an Alpha Funding line of credit. Just to recap, here are the advantages to our line of credit program that will empower you to take your real estate investment strategy to unprecedented heights:
- Zero Upfront Fees
- Streamlined Application
- No Appraisal
- No Collateral Required
- No Use Restrictions
Contact Alpha Funding Partners today to discuss your next line of credit and how to get started.