Rental Property Loans For Investors Sacramento
DSCR Loans for the Seasoned American Real Estate Investors In Sacramento Looking to Create High Return REO PortfoliosFinance New Investments | Refinance to Consolidate | Cash Out For Your Next Acquisition
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Reasons why you should invest in Rental Properties in Sacramento, California.
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Do you want to create a new source of passive income?
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Are you looking for a safe long term investment?
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Are you interested in becoming an active investor in Sacramento, California?
If you answered yes to any of the questions above, then this blog is for you.
In Sacramento, the rental property business is growing at an extraordinarily fast rate that it is becoming the first choice of location for investors. Investors are taking advantage of the growing rental business, liquidating their cash and growing their portfolios. They are looking at cities like Sacramento and coming to companies like us, Sunset Equity, to assist them on their investment journey.
Sunset Equity is a boutique direct private lender located in Culver City, Los Angeles. Being in the industry since 2005, we have funded over 1 billion dollars in loans and have the knowledge to make the safest, most promising investments for our clients.
Sacramento is the capital and the largest city in California. It continues to grow in population and is known for its contemporary picture. It is also known as “America’s Most Diverse City” and the “City of Trees.” These attributes are a few of many that make this city a new prime location for your next investment.
Why invest in Rental Property in San Diego?
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Job Market and Employment rate: The job market of Sacramento is not only stable but majorly growing. Their future job market is predicted to grow an additional 34.8% within the next ten years, higher than the US average. Their unemployment rate is only 3.7%, lower compared to most cities. Their technology, healthcare, education, and agriculture industries are robust, which is a plus for real estate investors.
- Average Rent: The average rent in Sacramento has increased by 1.9% compared to last year. The average rent for an apartment is between $1,288 to $1,683 per month, which is more than many cities in California. At an upwards trend of rent cost, investment properties are becoming a more promising investment.
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Affordable homes: The entry price for homes in Sacramento start at $345,000 and the average cost is at $400,060. The city’s home values have had a trending 7.8% appreciation rate throughout 2022, and is predicted to continue for years on out.
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Fresh water and Lakes: One can enjoy large rivers and lakes in Sacramento. Many people come to this city for its nature and outdoor activities, making it one of the most popular tourist destinations and weekend escape holes. Real estate investors use this to their benefit and invest towards vacation rental properties. Research shows, after the pandemic, more travelers are choosing to rent homes rather than stay in hotels on their vacations.
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High demand for real estate: Due to its geographical location, history, and growing market, people are willing to move to Sacramento, which has helped boost the demand for real estate.
Rental
Loan Amount | $100,000+ |
LTV | Up to 80% on Purchase, Up to 80% on R/T, Up to 70% Refinance |
DSCR | 1.2+ |
Loan Term | 30yr FRM or 30yr FRM with I/O option |
FICO | 680+ |
Purpose of Loan | Purchase, Refinance, Cashout |
Collateral | SFR, Townhomes, Condos, 2-4 Units |
Borrower | Single Purpose Entity |
Recourse | Full PG |
Amortization | Interest Only / Full Amortization |
Call now: 866-986-0192
or
FAQs
Obtaining a Loan in Sacramento
Do you know that you can get easy rental property loans at Sunset Equity? How?
Fill out our online form on our website, apply for a loan, and schedule a consultation according to the time that suits you, and we will guide you through the process of obtaining a rental property loan.
What is a Rental Property Loan?
Rental property loans are specifically designed for rental properties, the assets that provide you with regular income and profits. You can enter the real estate market and grow your portfolio with rental property loans.
What Types of Properties Can I Get with a Rental Property Loan?
Rental Property Loans cover buying or renovating a property and are flexible. You can invest in a house or commercial land or even renovate your property of any size, and you can get both short-term and long-term loans for a rental property.
Type of rental property loans that I can get
Short-term rental loans are designed for vacation rental properties (Airbnb/VRBO) and depend on property income instead of the borrower’s money to qualify.
Long-term rental loans help the real estate investor to acquire traditional rental properties and are planned accordingly.
Rental property loans are for investors wanting to grow their portfolios and investment properties.
Getting Approved for a Rental Property Loan
You do not have to go through the prolonged process of getting a rental property loan and do not have to face loan rejection by conventional moneylenders. Sunset Equity is a private investor whose process is easy and quick.
How Sunset Equity Can Help You
At Sunset Equity, we are committed to helping investors create their wealth with our expertise in hard money lending. We offer real estate investors custom-made loans with funding within 48 hours of valuation and highly competitive rates. Contact us to learn about rental property loans or get started with your investment.
We are a nationwide lender
