Need rental property financing? What about an investor loan that won’t stop your cash flow? It’s tough in 2023. With high mortgage rates and many veteran investors predicting a commercial crash, finding funding for your deal might seem impossible; but you’re probably looking for loans in the wrong place. Novice investors run off to the same lender that helped them get their primary home loan, while experienced investors know of loan products that most couldn’t even dream of.

To help get you a better mortgage, at a better rate, with less financing fatigue, is Caeli Ridge from Ridge Lending Group and Tim Herriage from RCN Capital, two of the most prominent investor lenders in the nation. Caeli and Tim know which loans work best for which investor, property, strategy, and price point. In this episode, they’ll review loan products that could help you score better deals with fewer headaches, explain why today’s high interest rates won’t last, and uncover the REAL reason investors are giving up their low mortgage rates for more expensive mortgages.

Caeli also goes in-depth on a new type of HELOC/home loan with lower interest costs that could benefit you IMMENSELY over the life of your loan. Tim also shares why he believes there WON’T be a commercial real estate crash and how financing investment properties could get even easier. If you’re waiting to invest or want some signal that lower mortgage rates are returning, this episode is for you!

In This Episode We Cover

Investor-only loans that’ll help you build a real estate portfolio faster

Mortgage rate predictions and why top lenders don’t think high rates will last

Portfolio loans, blanket loans, and DSCR (debt service coverage ratio) loans explained

A new type of HELOC that leaves you with a lower interest rate

The commercial real estate “crash” and why top lenders DON’T think it’ll happen

Where to find the perfect investor-friendly lender for your next property

And So Much More!

Links from the Show

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Connect with Caeli and Ridge Lending:

Ridge Lending Website

Ridge Lending Email

Phone: Call 855-74-RIDGE

Connect with Tim and RCN Capital:

Tim's BiggerPockets Profile

Tim's Socials

RCN Socials

RCN Capital Website

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-123

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123: Why Investors Are Giving Up Their “Golden 4% Interest Rates” w/Caeli Ridge and Tim Herriage 53:24 Share

On The Market

Shownotes Transcript

123: Why Investors Are Giving Up Their “Golden 4% Interest Rates” w/Caeli Ridge and Tim Herriage