What are the requirements for investment property mortgages?

Owning an investment property is a wonderful way to diversify your portfolio, whether by flipping it for profit or generating passive income through rent. However, there is typically a large start-up cost associated with real estate investing. Luckily, investment property loans are available to help you turn your dream of being a landlord into reality. You must fulfill various requirements to get a loan for an investment property. Understanding how investment property loans work, the different types, and the specific conditions associated with each help you make the right decision. This piece covers all you need to know about getting a mortgage for an investment property. What are investment properties? Real estate purchased to make money, whether through appreciation or rental revenue, is referred to as an investment property. Investment properties are often bought by a single investor, a couple, […]