MortgageDepot has an attractive mortgage product for buyers with a portfolio of investment properties. We offer investors the Cash Flow program, which does not require income tax returns for the borrower but rather we use the rental income from the property to offset the future mortgage payment on the property in question, and this program is part of the many Non-QM loans that we offer our real estate investors.
One of the examples is if you’re an investor who can provide a Schedule E tax form proving rental income from existing properties, you may qualify for a cash-flow program, providing the rental income covers the cost of the mortgage payment.
As a real estate investor, there are Cash-flow programs that can accommodate you if you use that property for short term rentals like as in the case of Airbnb. The only requirement is that the property cannot be your primary residence to qualify for this type of Cash flow Program.
There are a few options available for cash-flow financing, so as a real estate investor, we urge to contact one of loan officers to see if you qualify to participate in the Cash flow programs!