Itching to buy investment property? Follow these 5 tips to get financing
Interested in dipping your hand into investment property? Check out these 5 tips to help you get the financing you need.
Make a sizable down payment
Try to put 25% percent down for traditional financing.
Be a ‘strong borrower’
Check your credit score before asking for a loan.
Shy away from big banks
If you're down payment isn't as big as it should be or your credit isn't perfect, check out a neighborhood bank as a possible financing option.
Ask for owner financing
Asking for owner financing is more acceptable now than ever before.
Think outside the box when traditional financing isn't a option.