Investment Properties & Flipping

 

What is an Investment Property?

It is one that has been purchased with the goal of making a return on investment via rent, future sale of the property, or both. Most commonly referred to as a business purpose loan. We lend to borrowers with the purpose of flipping or building a house, or a property maintaining a monthly rental income. 

 

What is Flipping?

Flipping is an investment strategy that occurs when someone purchases a property with the intention of reselling for a profit. The profit occurs via renovations (improving a distressed or abandoned building) or capitalizing on a hot housing market. Our investment loans are the ideal way to obtain or fix the property and quickly turn it around for profit.

 

Western Highland Mortgage is happy to provide loans on single-family Investment Properties with 1-4 units at a Loan-To-Value of 65%, based on the purchase price. Please note we have chosen a relatively conservative LTV due to severe market fluctuations over the past several years. We believe our conservative approach has kept our borrowers safe and our investors happy.  Contact us now with any further questions or comments.

 

Western Highland Mortgage also specializes in lending on properties that have difficulty in obtaining conventional financing. We pride ourselves on delivering a quick response, so the prospective borrower can plan accordingly.