Longleaf Lending Long Term Rental Property Loans

Novi, Michigan Long-Term Rental Property Loans

Finance your rental property in Novi, Michigan with our 30-year rental loans. Built for real estate investors looking for long-term DSCR investor loans.

Modern, long-term financing solutions

Discover the advantage of Longleaf Lending's Rental Loans

Crafted for savvy Novi investors, our Long-Term Rental Loans enable wealth building through a diverse portfolio of rental properties. We prioritize the cash flow potential of your investments over traditional income metrics, simplifying and streamlining the loan process with interest rates starting at 6.6%.

No Income Verification
Experience a hassle-free process with no need for traditional income verification, focusing on the investment's cash flow with our DSCR metric.
Tailored to Investment Goals
Our loans are versatile, catering to both short-term vacation rentals and long-term leases, aligning perfectly with your strategic investment plans.
Efficiency and Speed
Longleaf Lending values your time. Our process is optimized for quick and smooth progress from application to funding.
Adaptive Financing Solutions
We offer flexible financing options to fit various property types and investor profiles, ensuring that your unique needs are met.

Designed for Novi investors

Build wealth through real estate with our Novi long term rental property loans

Novi's Real Estate Potential: Ideal for 30-Year Rental and Long-Term DSCR Investor Loans

Novi, Michigan long term rental property loans

Long-Term Rental Loans in Novi, Michigan

Novi, Michigan, is a thriving suburban market known for its strong economy, excellent schools, and high demand for rental properties. Located in the Detroit metropolitan area, Novi offers real estate investors a prime opportunity to secure long-term rental assets with strong cash flow potential. Utilizing long-term DSCR loans allows investors to maximize their returns while benefiting from stable and predictable rental income.

Why Invest in Novi, Michigan?

1. Strong Rental Demand

Novi’s growing population, highly rated school system, and proximity to major employers create a steady demand for rental housing. Young professionals, families, and corporate relocations drive consistent occupancy rates in the rental market.

2. Thriving Local Economy

Novi benefits from a strong local economy, supported by the automotive industry, technology firms, and healthcare institutions. The city’s location near major highways and Detroit's business hubs ensures a steady influx of working professionals seeking rental housing.

3. High-Quality Tenant Pool

With a median household income above the national average, Novi attracts financially stable tenants willing to pay premium rental rates. Investors can capitalize on a reliable tenant base while minimizing vacancy risks.

4. Property Value Appreciation

Novi has seen consistent real estate appreciation due to limited housing inventory and high demand. Investing in rental properties here not only provides immediate cash flow but also long-term equity growth.

The Role of Long-Term Rental Loans

Long-term rental loans, such as 30-year DSCR (Debt Service Coverage Ratio) loans, are a key financing option for investors in Novi. These loans allow investors to qualify based on a property’s rental income rather than personal income, making them an ideal tool for expanding a rental portfolio.

Benefits of DSCR Loans for Novi Investors

  • Easier Qualification: No traditional income verification—eligibility is based on rental income covering loan payments.
  • Fixed-Rate Stability: A 30-year fixed loan ensures predictable mortgage payments.
  • Cash-Out Refinancing: Unlock property equity to reinvest in additional rental properties.
  • Scalability: Grow a rental portfolio efficiently without conventional lending restrictions.

Why DSCR Loans Make Sense in Novi

Novi’s high rental demand, affluent tenant base, and strong economic foundation create an excellent environment for DSCR-backed long-term rental investments. Whether targeting single-family homes, townhouses, or multi-unit properties, DSCR loans provide investors with the flexibility to scale their portfolios and generate consistent rental income.

By leveraging long-term DSCR rental loans, investors can secure high-demand properties in Novi while enjoying predictable cash flow, long-term appreciation, and financial stability.

About the Longleaf Lending Team

Longleaf Lending is a veteran-owned, direct lending firm with a deep focus on the real estate market. Established in Texas, we bring over two decades of combined experience in real estate, hard money lending, and investment banking.

Funding Experience

Since 2018, we have funded over 600 hard money loans, totaling more than $125 million in loan value.

Expert Leadership

Our leadership includes co-founders Pete Underwood and Matt Weidert, who bring extensive experience from real estate investment, investment banking, and military service.

Commitment to Innovation

We are committed to providing innovative real estate solutions, with a strong focus on integrity and professionalism as a member of the American Association of Private Lenders.

For more about our journey and the dedicated team behind Longleaf Lending, visit our full About Us page.

Long Term Rental Loan Terms

Get the financing you need to build wealth with real estate using our DSCR long-term investor loans.

Long Term Rental Loan
Loan Value:
$75,000-$2,000,000
LTV:
Up to 80% (as is)
Interest Rate:
Starting at 6.6%
Points:
1-3
Term:
30 years
Closing Time:
As fast as 2 weeks
FICO:
660 minimum

Applying does not affect your credit score

Apply for a Rental Loan in 60 Seconds

Begin the funding process by completing our short online form.