What is an Investment Property Loan?
When we talk about investment properties, we usually mean 1-4 unit rental properties. Investors are typically looking to generate positive cash flows and ensure that their rents are covering their financing costs on the property.
Investment property loan amounts typically range from $50,000 to $2 million or higher. These loans usually require a minimum down payment of 20%.
Since these loans are done for “business purposes” and non owner occupied they are technically commercial investment properties even though they are still 1-4 unit properties. A single family home purchased for business purposes/rental income can qualify for these types of loans.
Where we can help you?
These loans are for people or businesses looking to purchase non owner occupied investment properties. These qualify as commercial loans as they are for business purposes.