Start with one property first and then focus your efforts on that portfolio. Ensure you have sufficient capital and cash flow, so you can acquire your next property. Then, repeat.
A popular investor strategy entails using hard money loans and/or cash to complete renovations, followed by a refinance as a long-term rental to then take out your capital to keep growing.
Learn What to Consider When Refinancing Your Hard Money Loan
Tracy is a great loan officer. He explained things completely and educated me in the process of DSCR's and was a delight to speak with! I will go to Tracy for my future DSCR loans.
Shout out to our Account Manager Tracy Gordon and the entire Visio Lending Team, it has been a five-star experience from the start to the finish of our loan process! It was our first time obtaining a real estate investor loan for ourselves (although we have managed family investment properties for many years).
Asked other real estate investors that we trust and you guys were the number one recommendation. We had tons of questions and you answered them all and made this a truly easy and fast transaction (we did comparison shop and Visio Lending also offered the best interest rates). Now, we're happy to have obtained our loan and to be recommending your services to others! Thanks, again, for all your hard work!
I'm thrilled to share my exceptional experience with Tracy Gordon, a standout representative at Visio Lending. Tracy's dedication and expertise have consistently surpassed my expectations through over five refinances. His commitment to excellence and going above and beyond truly sets him apart. Tracy's professionalism, attention to detail, and unwavering support have made each transaction seamless and stress-free. With Tracy Gordon, you can trust that you're in capable hands, ensuring a smooth and successful lending process. Highly recommended for anyone seeking top-notch service and expertise expanding their real estate rental portfolio.
Visio is the best. It's not only about the loans they provide but also the team, the people who make the loans happen. I have worked with Tracy Gordon and the team for 7 years and for sure many more coming. I use Visio for my properties as well. Grateful to have this lender in my network.
Tracy at Visio Lending had to take over 19 properties for a client of mine after we were already well into escrow. He jumped on it and got approval, appraisals and title organized. We would not be able to have done this without him. He communicated the whole way through and was so efficient! I cannot give him enough praise. Great job Tracy and Visio Lending!!
I have to say I was very pleased with the quick and seamless closing they provide. Used them couple times for purchase and refinance. Each time was able to close on time with no issues. And most of all the best rates!! Yes! Better interest rates than the other guys. Highly recommended!
Visio Lending is the nation's premier lender for buy and hold investors offering, long-term loans for SFR rental properties, including vacation rentals.