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Our rates are low, our application is quick and easy! We can get you clear to close in as little as 10 days!

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Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

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Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.

27185 Astoria Brook Ln, Katy, TX 77494, USA

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💡 Triple-Net Leases: Smarter Real Estate Loans for Investors & Pros 💼

🏠 NNN Leases & Real Estate Financing: A Mortgage Broker's Guide 📊

May 16, 2025•2 min read

🏠 NNN Leases & Real Estate Financing: A Mortgage Broker's Guide 📊

💡 Triple-Net Leases: Smarter Real Estate Loans for Investors & Pros 💼


📑 Understanding Triple-Net Leases and How They Benefit Borrowers & Investors

If you’re a homebuyer-turned-investor, a gig worker seeking passive income, or a doctor looking to build wealth outside your practice—Triple-Net Leases (NNN) are worth understanding.

These leases aren’t just smart real estate plays—they’re also loan-friendly, especially for those using specialized mortgage strategies.

What Makes a Triple-Net Lease Unique?

In a triple-net lease, the tenant pays:

  • Property taxes

  • Insurance

  • Maintenance

This means you, the landlord, enjoy passive income and low overhead. They’re especially appealing to first-time commercial investors and business owners financing their own buildings.

How to Finance a NNN Property

  1. DSCR Loans for Investors
    Debt-Service Coverage Ratio loans use the property's cash flow to qualify—not your income. Perfect for self-employed borrowers or full-time investors.

  2. SBA 504/7(a) Loans for Owner-Users
    Business owners—especially doctors, dentists, and vets—can buy their own building with as little as 10% down and lock in long-term fixed rates.

  3. Bank Statement Loans
    Self-employed? Gig worker? Bank statement and P&L-only loans are available to help you qualify based on real income—not tax write-offs.

  4. 1031 Exchange + Financing
    If you’re selling a rental home or duplex, a NNN lease can be the next step in your portfolio—and yes, you can finance the new purchase with a commercial loan.


Who Should Consider This Strategy?

  • 🏘️ Investors using BRRRR or 1031 strategies

  • 🩺 Doctors/Dentists expanding into medical-retail or hybrid office

  • 🧑‍💼 Self-Employed borrowers with unpredictable W2s

  • 🌪️ Disaster-Affected buyers using 203(h) and looking to rebuild with passive income

  • 🏗️ Builders/Agents working with CRE-minded clients

At Medallion Mortgage, we help borrowers structure deals that build long-term wealth—not just get you to closing.


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Š 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory


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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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Copyright Š2021 | Mortgage Viking Team

Licensed to Do Business | NMLS # 228246


This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Š 2021 | Medallion Funds


Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

Copyright Š2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply

Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/