Recently Closed Transitional Rental Loans

Posted by Natalie Wagschal on Oct 19, 2021 9:00:00 AM

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For the rental investor who is seizing an opportunity to buy the right property and wants to have the flexibility to sell, or the transitional rental investor, we can help. Our 5/1 ARM and 7/1 ARM rate structures give you the flexibility to sell within 5-7 years with the peace of mind of full 30 year terms. Pair it with our low origination fees and prepayment penalty options to pay as little cash as possible. Although you will have a slightly higher monthly rate, you'll end up saving money by the time you sell.


Plus, Visio's investor loans are low document with no tax return requirements or personal income verification. Here are some of our recently closed transitional rental loans. We update this page monthly, so be sure to check in to see the latest loans. 

 

Cliffwood, New Jersey - Single Family Transitional Rental

9-17-21

  • Loan Amount: $247,425
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: October 2021

Brooklyn, New York - 2 Unit Transitional Rental

9-17-21

  • Loan Amount: $724,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: September 2021

Deer Park, New York - Single Family Transitional Rental

9-9-21

  • Loan Amount: $424,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: September 2021

Philadelphia, Pennsylvania - 2 Unit Transitional Rental

8-11-21

  • Loan Amount: $216,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: August 2021

Alpine, Texas - 2 Unit Transitional Rental

8-5-21

  • Loan Amount: $142,500
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: August 2021

Riviera Beach, Florida - Single Family Transitional Rental

8-4-21

  • Loan Amount: $183,375
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance 
  • Closing Date: August 2021

Newark, New Jersey - 3 Unit Transitional Rental

7-31-21

  • Loan Amount: $318,750
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance 
  • Closing Date: July 2021

Menifee, California - Single Family Transitional Rental

7-20-21

  • Loan Amount: $262,500
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: July 2021

Paterson, New Jersey - 2 Unit Transitional Rental

7-20-21

  • Loan Amount: $297,500
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: July 2021

Pittsburg, California - Single Family Transitional Rental

5-22-21

  • Loan Amount: $370,539
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: May 2021

San Antonio, Texas - Single Family Transitional Rental

5-27-21

  • Loan Amount: $126,800
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: May 2021

Bel Air, Maryland - Single Family Transitional Rental

5-29-21

  • Loan Amount: $260,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: May 2021

Napa, California - Single Family Transitional Rental

4-7-21

  • Loan Amount: $300,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: April 2021

Lynn, Massachusetts - 2 Unit Transitional Rental

4-12-21

  • Loan Amount: $465,750
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: April 2021

Philadelphia, Pennsylvania - 4 Unit Transitional Rental

3-5-21

  • Loan Amount: $100,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: March 2021

Atlanta, Georgia - Single Family Transitional Rental

1-12-21

  • Loan Amount: $192,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance 
  • Closing Date: January 2021

Kent Cliffs, New York - Single Family Transitional Rental

1-18-21

  • Loan Amount: $224,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance 
  • Closing Date: January 2021

Wyoming, Michigan - 4 Unit Transitional Rental

1-20-21

  • Loan Amount: $182,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance 
  • Closing Date: January 2021

Philadelphia, Pennsylvania - Single Family Transitional Rental

1-29-21

  • Loan Amount: $270,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: January 2021

Brooklyn, New York - 2 Unit Transitional Rental

12-4

  • Loan Amount: $712,000
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: December 2020

Kissimmee, Florida - Single Family Transitional Rental

12-31

  • Loan Amount: $717,675
  • Rate Structure: 5/1 ARM 
  • Loan Type: Purchase
  • Closing Date: December 2020

Birmingham, Alabama - Single Family Transitional Rental

AL Transitional Rental

  • Loan Amount: $183,400
  • Rate Structure: 5/1 ARM 
  • Loan Type: Cash-Out Refinance
  • Closing Date: November 2020

New Orleans, Louisiana - 2 Unit Transitional Rental

LA 2 Units

  • Loan Amount: $259,000 
  • Rate Structure: 5/1 ARM
  • Loan Type: Cash-Out Refinance
  • Closing Date: November 2020

Bishopville, South Carolina - 3 Unit Transitional Rental

SC Transitional Rental

  • Loan Amount: $89,600
  • Rate Structure: 5/1 ARM
  • Loan Type: Cash-Out Refinance
  • Closing Date: November 2020

Stratford, Connecticut- 2 Unit Transitional Rental

CT Transitional

  • Loan Amount: $224,800
  • Rate Structure: 5/1 ARM
  • Loan Type: Purchase
  • Closing Date: October 2020

Columbus, Ohio - Single Family Transitional Rental

OH Transitional Rental

  • Loan Amount: $182,000
  • Rate Structure: 5/1 ARM
  • Loan Type: Cash-Out Refinance
  • Closing Date: October 2020

Syosset, New York- Single Family Transitional Rental

NY Transitional Rental

  • Loan Amount: $1,2000,000
  • Rate Structure: 5/1 ARM
  • Loan Type: Cash-Out Refinance
  • Closing Date: October 2020

 

Does this strategy align with your goals? Check out our Complete Guide to Transitional Rentals.

Keep in mind, our Loan Programs are subject to change. For the latest updates, sign up for our emails or contact your Account Executive. Be sure to visit the Visio Blog for resources on financing, real estate investing, landlording, and more.

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Topics: Closed Loans