Investment Property

We are experts in closing investment deals! Investment properties typically require a 10% down payment and possibly more under some circumstances.

Investment Property (n): An Investment property is any property that would be used primarily for income generation. Investment properties can be a simple single family residence or as large as a four unit residential building. If the property is larger than a four units the property would be considered commercial.

Investment property financing and underwriting can be tricky and difficult to obtain. In addition, investment property financing will have more stringent loan terms and conditions than primary or secondary home financing. For this reason it’s important to work with a team that understands investment property financing and underwriting guidelines to avoid setbacks, unforeseen complications or deals that never materialize. For example did you know investment financing typically requires the borrower to have at least 4 to 6months of payment reserves on hand? Did you know if the home or condo you are buying as an investment has a current renter the lender might not consider the current lease agreement as qualifying income for the purposes of qualifying? Do not take chance, work with professionals at HomeStart and ensure success.

It can be tricky to make investment properties profitable. We may have a few ideas for you and we are more than happy to aid you in the decision making process regarding investments and accumulating assets. For a free consultation or to ask any questions, please feel free to contact us.

If you are ready to apply, you can apply online or call us at 713-275-2785.