Using a Blanket Mortgage to Quickly Grow Your Vacation-Rental Portfolio

Vacation rentals are explosively lucrative, and getting in on the profits is an opportunity that has real-estate investors salivating. With so many properties to choose from it can be hard to decide what to buy first.

While many investors are accustomed to having to apply for separate loans for each property, you don’t have to. A blanket mortgage for rental properties can help you bundle financing for multiple investments in one loan. Savvy entrepreneurs and development companies have been benefitting from the added flexibility, and you can too. 

Many seasoned real-estate investors have one or several long-term lenders to work with. Consolidation and centralization is key to keeping things lean and increasing profits on vacation rentals.

Firms like Vacation Rental Property Loans offer powerful finance products specially designed to lower costs and make it easier to pursue multiple property acquisitions at once. One of the most useful of these are blanket loans, which are perfect for expanding vacation rental portfolios.

The incredible flexibility of a blanket mortgage for rental propertiesmakes it possible to seize several key opportunities without having to wait for your plate to be cleared before taking on more.

A blanket mortgage also beats the inefficiency of applying for multiple individual property loans. By bundling each property loan, everything is centralized in one neat package.

Above all, blanket mortgages for rental properties is a strategic tool that helps serious property investors operate on a much larger scale. Investors who look at the big picture in rental markets use blanket loans to achieve long-term goals.

If you’re interested in flipping houses, a blanket loan is a great way for you to cast a wide net and pick up multiple houses. By doing this, you’ll be expanding your vacation rental portfolio.

In a hot market, houses move fast, making it imperative to be able to finance properties with great agility. Some houses take months or less to sell, especially in the right locations. Real-estate investors who can spot these patterns know what to look for.

It would take way too long for most house flippers to apply for a bunch of different individual loans. Not only would it take longer, but you’d be digging into your profits with all of the extra fees. House flipping is a high stakes game. Lack of mobility can cost you a golden opportunity. Likewise, piling up fees on separate loans can drain finances and bring them to a tipping point.

The risks are high enough, apply for a blanket loan from a lender you can trust.

You can also use a blanket loan to generate more cash on hand by refinancing. Blanket loans achieve this by lowering interest rates. Bundling your loans and consolidating them like this makes it possible to negotiate a better deal.

Instead of paying separate sets of fees, you only have one flat fee to pay, making costs easier to visualize and control.Not only are costs reduced through centralization, but you’ll also increase cash flow and free up money for re-investment.

Any real-estate investor who has separate loans on multiple vacation rental properties can benefit from refinancing under a blanket loan. Every month that you pay on those separate loans, you’re losing money that could be put back in your pocket where it belongs.

The cash you get out of the refinance can be used to launch new investments and keep growing your vacation rental portfolio.

Another advantage of using blanket loans is that when you go to sell a property to another rental real-estate investor, you can get more in collateral. For example, if you have a buyer that can’t quite afford the loan but has other valuable rental properties in their name, you can implement a blanket loan to give you interest in the other property to finance the rest of the buyer’s loan.

Doing this is a win-win situation for buyers and sellers alike as real-estate investors short on capital can still finance acquisitions. For sellers, it widens your market as you can sell to more people under blanket loans. Instead of the lack of capital killing the deal, it can help make a better one.

Banks will just waste your time—partner with a more flexible lending organization like Vacation Rental Property Loans.

Featuring sensible underwriting guidelines, Vacation Rental Property Loans is perfect for snatching up income properties for lease. There’s money to be made in vacation rentals, but you’ll need the funds to get to it. With Vacation Rental Property Loans, there’s no limit on the number of properties you can include in your blanket loan meaning you can finance 1 to 1,000 properties under a single blanket loan.

Vacation Rental Property Loans is known for taking care of customers. A blanket mortgage for rental propertiescan give you lower payments, and make it easy to expand to more locations. Vacation rental investments thrive on expansion, and you can fuel that growth and widen your portfolio with funding from Vacation Rental Property Loans.

Have a chat with the experts at Vacation Rental Property Loans and ask about how blanket loans can benefit your rental property investments.