Posts Tagged 'investment property mortgage rates'

What are the Different Investment Property Mortgage Rates?

Posted on: May 4, 2012

Categories: Buy, Commercial Building, Residential House

Author: Buy Fix and Profit (Guest)

If you are buying a property for profit and not as a primary residence, then you are buying an investment property. It can include those that you bought and improved in order to increase its value. You could then sell it or rent it out. There are a few things affecting investment property mortgage rates.

If you are getting a mortgage for a residential property, you need to show a proof of income from a job. An investor on the other hand, needs to show the income he expects to make from the rent. If you are planning to improve the property and sell it, you will have a much harder time securing a mortgage unless you can show a good source of funds to pay the monthly payment while waiting for the sale.

There are three types of … Read the rest

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