Loans for Rentals, New Construction and Fix & Flip in Idaho
If you're thinking about investing in property in Idaho, now is the time! The Gem State is booming, and there are plenty of opportunities to make money on a fix and flip, new construction or apartment. And there's no better place to invest than in Idaho. Check out our loans for Idaho properties and get started!
Idaho Loan ApplicationInvestment Properties in Idaho
The real estate market in Idaho offers a variety of opportunities for investors!
For those looking for income-producing properties, the state's major metropolitan areas offer a mix of apartments, mixed use and residential homes. As far as who lives and works in Idaho, the breakdown looks like this; 25 to 34-year-olds make up 13.1% of the population, while 35 to 44-year-olds make up 14.9%. 45 to 54-year-olds make up 32.2% of the population
For those interested in developing land, there are roughly 1,911 undeveloped parcels available, largely in the more rural parts of the state. Average rental prices are $1,224. while the median sale price is $212,300. Of course, as with any investment, it's important to do your homework before moving forward. But with its diverse economy and growing population,Idaho can be an attractive option for real estate investors.
Get your Idaho property portfolio going! Contact us or apply today!
For those looking for income-producing properties, the state's major metropolitan areas offer a mix of apartments, mixed use and residential homes. As far as who lives and works in Idaho, the breakdown looks like this; 25 to 34-year-olds make up 13.1% of the population, while 35 to 44-year-olds make up 14.9%. 45 to 54-year-olds make up 32.2% of the population
For those interested in developing land, there are roughly 1,911 undeveloped parcels available, largely in the more rural parts of the state. Average rental prices are $1,224. while the median sale price is $212,300. Of course, as with any investment, it's important to do your homework before moving forward. But with its diverse economy and growing population,Idaho can be an attractive option for real estate investors.
Get your Idaho property portfolio going! Contact us or apply today!
✓ Just a few of the locations we service - Boise, Meridian, Nampa, Coeur d'Alene, Idaho Falls
10 Reviews Idaho
Loan Summary Information for Idaho
Getting the right funding in Idaho can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Idaho. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Idaho. Read on to learn more about our current offerings in Idaho.
| Loan Products | FICO | $ Loan | Term | Rate | Points |
|---|---|---|---|---|---|
| FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
| RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
| RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
| NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only