Description

Real estate investing can be very expensive and may feel unattainable to some potential investors. However, it remains one of the best investments to make. Rental properties can be lucrative and profitable. 

The good news is that there are several ways to finance an investment property even if you don't have loads of cash on hand.

In this episode, mortgage expert Shivani Peterson NMLS# 866955 breaks down: 

• What’s the difference between a rental property purchase versus a home you are going to live in?  (Down payment, interest rate, underwriting)
• How do mortgage loan experts decide if you can afford a rental?  
• How mortgage loan officers analyze the potential rental income.
• Special loan programs for investors (debt service coverage ratio)

The key is to consider real estate as an asset class and whether it’s the right one for you to invest in and to make sure you understand your monthly cash flow.

Learn more tips, tricks, and hacks about home buying, refinancing and real estate investing at themortgagereports.com

The Mortgage Reports Podcast is operated by Full Beaker, inc. NMLS# 1019791

Equal Housing Opportunity.