(Non-Owner Occupied Financing)
Types of Investment Properties
Real estate investment is quickly gaining in popularity, because it brings in larger returns than the average investment. Real estate investments are a perfect investment type for the average person because they are very easy to obtain.
Before you purchase an investment property in Florida or Georgia it is important you learn as much about the location of the property and its financial potential. There is no sense in purchasing a property if it is not a valuable asset.
Types of Properties Popular among Established Investors:
- Condos or Duplex
- Single-family homes 1-4 units
- Income Producing Commercial Property
- Fixer-uppers
- Short Sale
- Foreclosed properties
- HUD properties
Before making any decisions, you should carefully evaluate all of these options. Researching each opportunity will help you determine what type of investment property is right for you. Build your Real Estate investment team by selecting a mortgage broker here at Avrus Financial & Mortgage Services, Inc. SM. Your team can help you acquire the money you need for your investment property, but be prepared to bring a bigger down payment.
Tips to help Increase the Success of your Investment:
- A high credit score will determine more flexible terms and conditions for your investment loan.
- Refinance your Florida or Georgia investment properties with a lower interest rate, and increase your monthly rental income.
- Use the equity to buy more properties and build your portfolio.