4 Tips for buying an investment property
Credit Score
If you’re purchasing the property with a conventional product, you will need a credit score of 620+
2-4 Units
Buying a multi-family?
You will need a 25% down-payment to purchase the property conventionally
Single Family
Investing in a single family property?
You can put as low as 15% down conventionally
DSCR Loan
You can buy a multi-family property with as low as 20% down using a debt service coverage ratio loan!