South Carolina Rental Loans
ABL Funds South Carolina Rental Loans
Asset Based Lending are proud to offer the most flexible and reliable South Carolina rental loans on the market. We designed these private rental loans for buy and hold investors that want to invest in 1-4 family properties. Our loans are highly competitive with rates starting as low as 4% and leverage up to 80% LTV. We provide a variety of rental loan options to meet borrower needs including 30-year amortization, ARM, and interest-only options. Our team works with you to figure out the best possible loan program and provide you a streamlined loan process from start to finish, closing these loans for rental property in SC in less than 30 days. These rental loans require no income verification and are a doc-light approach, making it simple to qualify and begin your rental investment even faster.
ABL is ready to work with investors of all experience levels, delivering our five-star experience to each borrower whether its their first rental property in Spartanburg or an existing portfolio in Columbia. Our unique capital structure allows us to provide single rental loans up to $3M and rental portfolio loans up to $6.25M. We lend throughout the entire state of South Carolina, providing rental loans in Charleston, Myrtle Beach, Greenville, and everywhere in between. If you’re ready to start or expand your real estate portfolio with our South Carolina rental loans, then contact us today.
SC Rental Loan Highlights
- No personal income verification
- Light doc program
- Portfolio loans available
- 30 year, ARM, I/O options
- Rates as low as 7.25%
- Up to 80% LTV
- 620 minimum credit score
- Close term rental loan in 30 days
Hassle Free Rental Property Financing In South Carolina.

Lending Options

No Broker Fee

Peace of Mind

Competitive Rates & LTVs

Flexible Underwriting

The ABL Difference
South Carolina Rental Property is Booming
South Carolina has seen a huge boom in its real estate markets, especially for rental property. As of July 2021, approximately 45% of the state were renting their homes and the vacancy rate was slightly under 6%, which has been dropping steadily since 2010. Coupled with the increasing rental prices makes this state an excellent choice for investing in rental property- for example, Charleston, South Carolina has an average rent of $1,650 which is a 4% increase from the previous year and well above the national average.
Asset Based Lending is in touch with local real estate markets and trends, which has brought our rental property financing programs to South Carolina. We now offer our services throughout the entire state, allowing real estate investors to grow their business quickly and efficiently using our hard money loans for rental property. Whether you want to begin your rental portfolio or pull cash out on your current investments, ABL is here to help. Contact us today to be approved for the most reliable rental loans SC has to offer.
How Investors Utilize The BRRRR Method in South Carolina
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 cash out the new 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 rental loan from start to finish with our in house team of specialists, 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 150 five-star reviews, ABL is the premier choice for rental loans in South Carolina. If you’re ready to start utilizing the BRRRR strategy, contact us today to be approved for your hard money rental loan.


