Another specialty of Kenady Funding is real estate broker services for clients throughout the US. One variety of investment property mortgages for real estate investors is the “Fix and Flip” loan. An investor using our real estate broker services buys a home that needs repairs or upgrades, then they fix the home up to maximize the resale value then “flip” or immediately resell the home. This is a good strategy to build capital to grow your business because if these projects are done correctly, they can be profitable and usually within a reasonable time frame.
Kenady Fundings is an expert lender for fix and flip loans because owner Tony Carson is a local real estate investor as well as a mortgage expert. This gives Kenady clients a leg up to get these investment property mortgages structured and closed. Why work with someone who just SELLS loans when you can work with someone who actually works in the real estate industry as an investor? This is why working with Tony Carson gives you an advantage in your real estate investing business through our real estate broker services.
Another investment property loan option sometimes utilized with a Fix and Flip mortgage is a “bridge loan.” A bridge loan is interim financing for investment properties where a fast close is needed and minimal or no rehab is planned. It bridges the gap from point A to point B.