WYOMING
INVESTMENT PROPERTY LOANS

Easy Street Capital is proud to be a leading private lender for the Equality State! We offer industry leading Hard Money and DSCR Loans for every type of Wyoming Real Estate Investor. Easy Street Capital is the investment property loan provider for real estate investors of all experience levels and specialties, including popular strategies such as Short Term Rentals, Fixing and Flipping and the BRRRR Method! Our Wyoming DSCR Loans are perfect rental loans for the long-term real estate investor looking for cash flow. Our Wyoming Hard Money Loans are ideal for renovators looking to add value through rehabs or ground-up construction!

 

Check out the rest of this Wyoming Investment Property Loans page for all the information you need on our loan programs. Check out recently funded rental loans, information on all of our loan programs, FAQs, market analysis and more! To talk to one of our Wyoming Rental Loan specialists today, click the link below!

Program Terms

  1. Rates starting at 9.900%
  2. Up to 90% LTC / 70% LTV
  3. 48 Hour Closes!

Program Terms

  1. Rates starting at 6.750%
  2. Up to 80% LTV
  3. No minimum DSCR!

Program Terms

  1. Rates starting at 10.900%
  2. Up to 85% LTC / 65% LTV
  3. Fastest draws in the industry!

Recommended Partners - Wyoming

Property Management

Coming soon.

TBD - RECOMMENDED PARTNERS

Mortgage Broker

Coming soon.

TBD - RECOMMENDED PARTNERS

Real Estate Agent

Coming soon.

TBD - RECOMMENDED PARTNERS

Investment Property Loans Resources

Investment Property Interest Rates – March 2024 Update

What are investment property interest rates in March 2024?  That answer depends on several factors as interest rates can vary depending on your situation.  The overall economy, your personal credit and experience and type of loan and property all matter.  One major distinction is whether your property is a rental property or a property in ...
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DSCR Loans Guide 2024: Everything you need to know about DSCR Loans!

Easy Street Capital is America’s leading DSCR Lender.  With over 600 DSCR loans funded in the last year, we have helped real estate investors across the country achieve financial freedom through this popular loan product.  DSCR Loans allow real estate investors to qualify with no W2, no tax returns and no income verification required!  See ...
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Next Frontiers in DSCR Loans – 2024 and Beyond

This article was originally published September 27, 2023 on BiggerPockets.   Throughout the past year, this series of articles has comprehensively covered the DSCR Loan product. We have covered an how to get the best rate and terms, how to use advanced strategies to maximize return and a long list of FAQs.  Also published was ...
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DSCR Loans Glossary – Terms to Know when working with Rental Property Loans

This article was originally published September 4, 2023 on BiggerPockets.   Navigating the world of financing rental properties can be overwhelming for even experienced real estate investors. There are tons of terms, phrases, and acronyms that can cause confusion, and real estate finance is also notorious for misnomers and multiple terms that all mean the ...
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Airbnb Loans: What Are the Options and How Do DSCR Loans Stack Up?

A version of this article was published August 29, 2023 on BiggerPockets   Short-term rentals continue to be one of the hottest areas of real estate investing in 2023. Despite some market volatility, slow down, and saturation in some areas, smart, professional short-term rental investors continue to thrive, expand, and scale.   What separates the ...
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Real Estate Agent Guide for Listing and Selling Rental Properties

Many top real estate agents are experts at listing homes – knowing all the best tips and tricks to secure great offers for their clients. Most agents focus on attracting buyers looking to live in the home. But what happens when you get a listing for a top-of-the-line rental property? Think multi-unit (duplex, triplex, etc.) ...
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Wyoming Investment Property Loans FAQs

Wyoming Fix and Flip Loans

Wyoming real estate investors use hard money primarily for speed, higher leverage, and greater flexibility. Borrowers use Easy Street Capital for the reasons mentioned previously but also because of our relationship focus and reliability - capital you can count on!

Easy Street Capital prides itself on reliability. Our borrowers know that the terms we issue up front are the same terms at funding. Easy Street Capital will review your application and provide you with a loan term sheet within 24 hours. No appraisal! No junk fees! Easy Street Capital is truly an asset based lender.

No, Easy Street Capital is an asset-based lender. This means we lend on the value of the asset, rather than the creditworthiness of the borrower.

Interest rates range from 8.9%-10.9%, 2-3 points, and a $1495 document fee.

A “Point” is a fee on a loan that is incurred at the time of funding. A point is equivalent to 1% of the total loan amount.

This will vary based on the particular loan, but typically the borrower will have to put in a down payment of at least 10%.

Easy Street Capital determines Loan To Value (LTV) calculations based on our in-house valuation of the property. In most cases the max LTV is 70%.

Yes.

Typically we do not have any prepayment penalties on Fix and Flip loans.

Easy Street Capital has full discretion which allows us to fund your loan in as little as 48 hours if all parties are prepared to close.

Yes. Every property we lend on is required to carry title and hazard insurance.

Wyoming DSCR Loans

You can put as little as 20% down and get a loan up to 80% of the price of the property. For multifamily properties (5-8 units) or mixed-use properties with commercial units, minimum cash down is 25%.

Yes – this is fully eligible for residential properties up to four units. We will use the market rent (as determined by the appraisal) to project cash flows for the property. Additionally, if planned to utilize the property as a short term or vacation rental, we can utilize projects from industry data providers to qualify the loan.

Yes, with no restrictions! We offer all of our programs to first-time investors and love to help people build their portfolio throughout their investing journey.

Yes – in fact we recommend borrowing through an LLC (however borrowing as an individual is OK in most states). We require a full guaranty for anyone who has more than 25% of ownership of the entity and allow up to four separate guarantors on each loan.

No – we do not use tax returns of income verification for qualification. We do not utilize a DTI (“Debt to Income”) ratio at all in our underwriting process.

Yes – we offer portfolio “blanket” loans with very similar terms to our normal parameters. We can lend on up to 20 properties in a single loan, and require a minimum DSCR of 1.20x and that the properties are all located in the same state.

No – we are a flexible lender that can work with borrowers with blemished credit history. Our median FICO minimum is 620, which allows the vast majority of potential borrowers to qualify with us. We have a limit of one bankruptcy, foreclosure or short sale within the past seven years and require that all delinquencies on the credit report be cured prior to closing our loans. You may have to pay a moderately higher rate, but we should be able to find a loan for every investor, even with credit flaws.

We calculate DSCR by taking monthly Projected Income (Rent or STR income) divided by your monthly payment – PITIA (principal, interest, tax escrow, insurance escrow and any HOA dues). No expenses besides taxes, insurance or HOA dues are considered in underwriting or qualification.

Yes, we lend on condos with loans consistent with our standard structure and rates. There are some limits on LTV and DSCR based on the characteristics of the condo structure, but are welcomed by Easy Street Capital.

Wyoming Construction Loans

No, Easy Street Capital is an asset-based lender. This means we lend on the value of the asset, rather than the creditworthiness of the borrower.

Interest rates range from 7.9%-10.9%, 2-4 points, and a $1495 document fee.

This will vary based on the particular loan, but typically the borrower will have to put in a down payment of at least 10%.

Easy Street Capital determines Loan To Value (LTV) calculations based on our in-house valuation of the property. In most cases the max LTV is 70%.

Yes.

Typically we do not have any prepayment penalties on Fix and Flip loans.

Easy Street Capital has full discretion which allows us to fund your loan in as little as 48 hours if all parties are prepared to close.

Yes. Every property we lend on is required to carry title and hazard insurance.

You will submit your draw request form with all supporting documents such as invoices and/or receipts to draws@easystreetcap.com

Easy Street Capital will send a third party inspector to the property to document the improvements that have been noted on the draw request form.

If we are given all of the information we need upfront, we can quickly order the inspection and have your money to you within 3-6 business days after you send us your draw request.

You are allowed to take as many draws as necessary but we would like to remind you there is a draw fee for each one to cover inspection costs.