Monday, December 11th 2017


How to finance investment properties?

Interesting Question?   (6)   (5)

Answers (1)

11th Nov 2009 by Burt Carlson

If you are interested in financing residential property as an investment the process is identical to getting a loan for a primary home. However, the qualifying standards are somewhat stricter, a big down payment is required and the documentation required may be a burden. Also note that the type of property you are interested in will be important.

Typically your debt ratio will have to be about 45, credit score north of 700 and several months of reserves may be required. The down payment requirement will be at least 20% with better rates at 25% down. If you own rental property already you will have to provide federal tax returns fro the last two years in addition to other normal and customary income and asset information. If the property you want to buy is a condo it will need to be Fannie Mae warrantable and/or approved by FHA at a minimum. Down payments may be bigger for condo's as well.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

21st Oct 2009 In Finance 1 Answers | 372 Views
Subjects: finance, investment properties,

Answer This Question / Give Your Opinion
How to finance investment properties?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
Will the continuation of events theory start the statute of limitations anew?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
Will the continuation of events theory start the statute of limitations anew?
Unanswered Questions in Finance
Who provides agribusiness lending?
When should you refinance your home?
What is a secured loan?
What is a covered loan?
What is charged off debt?

Answered Questions in Finance
What is tax equity financing
How to finance a house?
What are finance receivables?
What is an Equity Loan
Which credit card has the best rewards program?
Ask A Question
Get opinions on what you want to know:
Specific to any country?