The team at ZINC Financial is celebrating the successful launch of its new Buy & Hold loan program by offering a special deal to investors. If you apply for and obtain a new Buy & Hold loan by July 31st, 2013, you’ll receive a discount in your loan fees. Typically, these loans come with a 3.0 or 3.5 point fee attached, but right now you can receive a 48-60 month Buy & Hold loan with just a 1.0 point fee. This temporary reduction means even greater profits for you, so act quickly to take advantage of this limited time offer.
iPad 4 to Brokers and Borrowers Closing Loans in June
In addition, if you apply for and obtain a new Buy & Hold loan or an investor rehab loan by June 30th, 2013, you may be eligible to receive an iPad 4 from ZINC Financial. Any broker or borrower who obtains a loan through ZINC Financial during this period is eligible to receive a free iPad 4 (16 GB with WiFi) from ZINC Financial. The iPad incentive is available for any loan over $100,000. To register, borrowers must send an email to amber.c@ZINCfinancial.net with “REGISTER” in the subject line and their name, company name, and phone number in the body of the email. Additionally, the borrower/broker or their company must be in full compliance with licensing regulations required in California and only one borrower or broker may be credited with each loan. That will be the first party that submits the loan directly to ZINC Financial.
Not Only a Great Time to Buy, but to Rent
Part of the reason why the team at ZINC is excited about the new Buy & Hold program is that now is not only a great time to buy, but also a great time to be renting. If you purchase a rental property using ZINC Financial as your private money lender, you can cover your monthly payments with the rent that you collect and potentially earn anywhere from 8-30% on your investment when you re-sell the property. This type of investment allows you to avoid the hassle of having to remodel a home in disrepair, and instead allows you to take advantage of the excellent opportunities available in rental property investing.
In the current economy, while many people are rushing back to the housing market, a significant portion of the population is wary to buy after being burned during the housing crisis. Because of this, the stigma of being a renter has virtually vanished, and more people are deciding to opt for the flexibility of renting over buying. According to the Chicago Tribune, the amount of single-family rentals grew from 30.8% to 33.5% of all rental housing stock between the years of 2005 and 2010. This marked the largest gain among all types of rental properties. In the current market, even people who have owned homes before are choosing to go back to renting because they either can’t get a new mortgage or are worried that housing is not yet a stable investment.
The clients of ZINC Financial know better, and as a result of the current climate, people taking advantage of the company’s Buy & Hold loans are making excellent ROI through their rental income and eventual home sale profits. Learn more about the current California housing market and about the details the company’s Buy & Hold program by speaking to an investment expert at ZINC Financial today.