You may be thrilled and feeling overwhelmed at the same time when you get into the world of real estate investing. You just overcome the hurdle of securing funds, which may be time-consuming and has strict demands that might be difficult for a first-time investor to surmount. That is where RAM steps in with loans for first-time investors. We offer quick, flexible, and available funding, affording the first-time real estate investor to snatch up their first investment property and start building their real estate portfolio.
If you're looking to buy a property, renovate it, and sell for a profit, a loan can be a very good option. First-time investors can secure the fast funding needed to buy a property, do renovations, and sell fast without being tied down to the long approval process of traditional financing.
For new investors who want to hold the property as a long-term rental, loans allow them to purchase the property and make the changes they want before obtaining long-term financing. You can collect rent while you pay on your loan; when the property is stabilized, you can refinance into a more permanent loan product.
If you need immediate-term financing in the periods between buying the property and securing long-term funding, loans are ideal. This allows first-time investors to quickly secure a property while obtaining longer-term financing or selling another asset.
Note: This program is more of an informative nature, to give you an approximate understanding of what to expect from us when making a decision to fund or not. These criteria may vary depending on your exact property and scenario.
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