Pros and Cons of Buying an Investment Property Before a First Home
Money Girl
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The Pros and Cons of Buying an Investment Property Before Your First Home
Most investment property lenders have more stringent underwriting requirements for non-owner occupied properties. Lenders know tenants and rental markets can be unpredictable, so they charge higher interest rates. Real estate investors typically need better credit than regular home borrowers to qualify for a loan.
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