If you are looking to start putting your money into real estate, look no further. Real estate investing is one of the oldest and safest places to invest your money. As an owner of multiple residential income properties, I can help you start your investment on the right foot.
If you are just starting out and don't’ know where to go just give me a call. Depending on your situation you may be able to use, residential financing on a 1-4 family unit, which would require less of a down payment, if you intend to occupy one of the units as your primary residence.
If you are looking at not living in one of the units as your primary residence, you need to know that 1-4 residential units will fall under residential Mortgage.
If you are looking at anything over 5 residential units you would be looking at commercial financing. This can be a little more challenging if you don’t know where to go for your financing. You will need anywhere from 20-25% Down payment, and keep in mind that there no escrow accounts, so you will be responsible for paying all real estate taxes, and insurance as they are due.
If you are looking for larger multi-family properties, please call or email so that we can get the specific information that you are looking so that we can better assist you.