Posts Tagged ‘investment property’

What are the downpayment guidelines when buying a multi-unit investment property?

Is it different from a primary home? I am interested in an apartment building to purchase as an investment. What are the guidelines for downpayments on an investment property. Is it the same as a primary home? I have heard that it is not the 10-20% minimal downpayment because if all/most of your units are occupied, this is taken into consideration. Websites are appreciated too. Thanks for your help.


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We are buying an investment property. With little to put down, what is the best way to finance the property?

We have a large amount of equity in our current house.
We have no bills other than the mortgage on our current house.

Is a home equity loan to get to the 20% down payment and then a conventional loan on the investment property itself the best way to go?

Or is it best to finance the investment property itself rather than using the equity in the primary residence. We could finance 100% of the loan purchase price or do a secondary mortgage to come up with a 20% down payment.


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When realtor buy an investment property and put their realtor rebate back to the settlement, is it taxable?

I have two answer.

1) If put back to settlement, it is not taxable. It only reduce your purchase price, when you sell your investment property, you have to pay tax. You only need to pay tax if you get check directly from the builder.

2) Another group think 1) only apply to second home. For realtor buy investment property, even realtor put rebate back into settlement, they still have to claim it as income and pay tax on it.

Which one is true, any website as support document? Thanks.

If the law will be different from state to state? I am in Maryland.


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How do I deal with an investment mortgage that's going into collections?

Bought an investment property in Detroit and unable to find a stable renter. Lender won’t foreclose or do a deed in lieu of. 000 owed on mortgage even though house is definitely not worth that now. Lender threatening to send it to collections. House is and has been on the market for months.


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I am looking into purchasing an investment property to rent out. How much of an increase is home owners?

How much of an increase will my home owners insurance be to insure an investment property verses a primary residence? Thanks.


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When you convert your investment property to primary residence are you required to notify your lender and refi?

What if you convert from primary residence to investment property? Do you have to notify your lender? Do you have to refi?

Aren’t the interest rates different for primary residence and investment properties?


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