Short Answer
Investment property financing differs from owner-occupied mortgages. Lenders typically require 15% to 25% down for single-family rentals and 20% to 30% for multi-family properties. Interest rates are usually higher, and you will need strong credit (typically 680+) and adequate cash reserves. Options include conventional investment loans, portfolio loans from local banks, and tapping home equity from your primary residence. Full answer page coming soon.
Full answer page coming soon. This page will cover financing options for South Jersey investment properties including down payment requirements, loan types, and strategies for building a portfolio.
Bob's Advice
Redfin Senior Agent · AI Certified Agent
Full answer page coming soon. Financing is often the biggest hurdle for new investors. I can connect you with lenders who specialize in investment property loans.
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