Making the choice to buy an investment property may be for a lot of reasons such as a strategy to secure your financial future, diversify your investments, or for a 1031 exchange. With that in mind here are the best loan products to acquire a home, condo, duplex, triplex, four-plex or even a 5 to 8 unit income property.
Traditional employment verification and 2 year tax returns.
20-25% down payments necessary to be considered.
Get approved using alternative income such as large liquid asset accounts or bank statements (if self-employed).
You'll need a 25% down payment minimum to be considered.
No personal income. No tax returns.
No employment. No job verification.
Use rental income and credit to qualify along with a 20% plus down payment
or consider a bridge loan.