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Indiana Rental Loans

Indiana Rental Loans for Real Estate Investors

Asset Based Lending offers simple and reliable rental loans for real estate investors across Indiana. These real estate rental loans are designed for investors looking to buy and hold property, whether its a single rental unit or expanding your current portfolio. Our rates start as low as 6% and we offer a max LTV up to 80%, with a maximum loan cap of $3M for single property loans and portfolio loans up to $6.25M. These rental loans are “doc-light” – no personal income verification required – and are available for inexperienced investors, assessing the deal based on the income-producing viability of the rental property.

Our team offers rate locks, once the appropriate paperwork has been submitted and credit has been pulled, which helps our borrowers remain competitive in the current rate-rising environment. Once you speak with a loan officer, we’ll hit the ground running to get your deal closed and deliver a five-star service from start to finish. ABL approves your loan within 24 hours and averages a 30 day close time on rental loans, making them a trustworthy option for your rental property financing. Whether you’re looking to acquire a single buy and hold property in Fort Wayne or want to expand your rental portfolio in Indianapolis, ABL is ready to help. Contact us today to get started with your IN rental loans.

IN Rental Loan Highlights

  • No personal income verification
  • Light doc program
  • Portfolio loans available
  • Mixed-use property eligible
  • Available for 1 – 8 unit properties
  • 30 year, ARM, I/O options
  • Rates as low as 6%
  • Up to 80% LTV
  • 620 minimum credit score
  • Close term rental loan in 30 days
  • Rate locks available

Simple And Reliable Rental Property Financing In Indiana.

The Premier Lender For Rental Loans In Indiana

Lending Options

With our arsenal of rental property loans, investors know we can get them into the program that fits their needs. Max Cash Out? Lowest Rate? Highest LTV? We have you covered.

No Broker Fee

ABL isn’t brokering your loans, so you’ll never pay us broker fees. We’re a direct lender that underwrites, processes, and funds in house.

Peace of Mind

Our team of specialists will structure and pre-approve your rental property refinance while we’re closing your fix and flip loan, so you can rest easy knowing your exit strategy is ready.

Competitive Rates & LTVs

With rates between 6%–8% and LTVs as high as 80%, our cash out refinance programs for rental properties are as aggressive as you’ll find in market.

Flexible Underwriting

These programs were built by investors, for investors. We underwrite to the profitability of the project, and reduce documentation needs as much as possible.

The ABL Difference

Expert advice, access to decision-makers, speed, and reliability; the service you’ve come to expect from the ABL team.

Indiana Rental Investments Producing High ROI

Due to the state’s population growth along with housing inventory being so low, the demand for rental property is causing rental investments to produce higher returns than previous years. Take Indianapolis for example, a populated metro area where more than 45% of the residents rent their home instead of own. The city has seen a 12% year over year rent increase, a steady pace that looks to continue for the foreseeable future. Growth markets like this are perfect locations for real estate investors to begin or grow their rental portfolios, allowing them to hold property and collect passive monthly income while the asset appreciates in value.

Asset Based Lending works with Indiana real estate investors to finance their rental properties, helping them acquire the property and hold it long-term through our competitive rental loans. We designed these loans for BRRRR investors to reliably scale their rental business, whether its a long-term hold or a short-term Airbnb property. These loans are available to investors of all experience levels, as we assess each deal based on the income-producing viability of the property and determine the loan’s risk from there. Our team will work within your business strategy, offering a variety of rental loan options including 30-year amortization, ARM, and interest-only options. If you’re ready to use the best Indiana rental loans, then contact us today.

How BRRRR Investors Use Indiana Rental Loans

Some real estate investors are looking for quick profits through fix and flips, but others want to build long-term wealth by buying and holding income-producing assets. By using rental properties to generate passive monthly income or refinancing rental loans to access capital immediately, investors can quickly fund their next project to expand their real estate business faster than before. This kind of long-term investing strategy has become very popular in recent years and is known as the BRRRR method. BRRRR is an acronym that stands for buy, rehab, rent, refinance, repeat. The strategy is simple: investors purchase a property they plan on holding, they renovate it to increase its market value, they rent it out to generate passive income, they refinance the loan to more favorable terms while pulling out equity, and they repeat the process with another rental property. This allows investors to rapidly expand their rental portfolio and set themselves on a path of financial freedom thanks to the consistent monthly income.

Getting a loan for rental property can be difficult, but Asset Based Lending makes the process fast and simple. ABL manages your short-term rental loan from start to finish and use the much of the same documentation to refinance your loan into a longer term lower interest rate product, saving you time and ensuring you the most competitive rates possible. Our team of experts awards experienced investors with reliable capital and professional draw management to keep your project funded from start to finish without delays. With over a decade of successful lending and over 300 five-star reviews, ABL is the premier choice for rental loans in Indiana. If you’re ready to start utilizing the BRRRR strategy, contact us today to be approved for your hard money rental loan.