REI WEALTH MONTHLY Issue 31 - Page 79

THE NEW AVENUE FOR FINANCING REAL ESTATE ASSETS – LEARN ABOUT ASSETAVENUE TIM HOUGHTEN THE BACKGROUND - About AssetAvenue The Rehab Loan AssetAvenue is an online nationwide direct lender, AssetAvenue’s flagship loan product is their rehab offering real estate investor loans on rehab and loan. Some unique features of the fix-and-flip loan rental properties in 44 states. They use technology product is lower rates than hard money lenders, no to improve the way entrepreneurs borrow money junk fees, free quotes without doing a credit check, for real estate investment properties. and 10-day funding. In addition, they partner with institutional capital Customers like Scott Moore with BBS Development providers that allows them to offer competitive have high praise for AssetAvenue’s rehab loan, “I rates and friendly loan terms. wouldn’t have been able to close and be awarded Their innovative online platform and propriety data models enables the property without AssetAvenue.” them to deliver new benchmarks for speed, transparency and flexibility to borrowers and brokers; traditional banks and hard money lenders The 30-Year Residential - Fixed Rate Rental simply can’t compete. Loan Their differentiator is providing borrowers with Many income property investors haven’t been financing solutions that are completely transparent, finding the love they expected when shopping for top-notch customer service, and instant online deals and investment property loans. quotes. They pride themselves in providing real lenders and turnkey property promoters have tried, estate investors with simple, quick and reliable but just haven’t been able to create a product that online lending. fits well. AssetAvenue is a mortgage lender Some specifically created to fund investors. Jacqueline Thomas tells us that the 30-year fixed has been in high demand. “It just makes sense,” she says, adding: “Our real estate investors asked for a product that would expand their investment portfolio and we delivered. The new loan product is to finance the purchase of rental properties, including single-family homes, two to four multi-tenant units, condos, and townhouses.”