LOGIN Whether you are looking for acquisition funds, refinance or a bridge — we tailor loans so you can achieve your investment objective with ease. Our asset-based mortgage programs are designed for real estate investors and small business owners who often don’t qualify for traditional bank loans. So get a free quote, by submitting your loan scenario today.
Residential Loans
Residential Investment Property Loans
Unlock the Power of Residential Real Estate Investing
Are you an experienced real estate investor considering investing in residential property? If so, you’ve probably asked yourself the question: “What are my financing options when it comes to taking on a new investment property?”
REID offers residential rehab and rental loans for 1-8 unit investment properties in the Mid-Atlantic area for developers and rehabbers who aim to fix-and-flip, fix-and-hold or for short-term rentals.
Residential Rehab Loans
Property Type
Single Family Residence, Condos, Townhomes, Multifamily: 2-4 Units, Multifamily: 5+ Units
Loan Amount
$100k – $4M
Max Loan To Cost
Up to 85% of purchase price
Up to 100% of rehab cost
Max Loan To ARV
Up to 70% LTV
Term Length
12 ,18 or 24 months
Amortization
Interest Only
Min FICO
600+
Interest Rate
Starting at 10.0%
Residential Rental Loans
Property Type
Single Family Residence, Condos, Townhomes, Multifamily: 2-8 Units
Loan Amount
$100k – $3M
Max Loan To Value (As-Is)
Purchase/Rate-Term Refinance: 80%
Cashout Refinance: 75%
Max Loan To Cost
80% of Total Cost Basis
Term Length
30-Year Fixed, Interest Only options
Min Debt Service Coverage Ratio
1.10x (Gross Rent/PITIA)
Min FICO
600+
Interest Rate
Starting at 7.62%
Key Features
Single asset or portfolio
Great for Short-term rentals
maxing out at 85% LTC
$75,000 - $5,000,000 Loan Amount
Excellent option for investors looking for quick financing
Save with interest-only terms & amortizing options