Can i get another mortgage to buy a income property?

By airbagringo979 from WI Apr 9th 2015
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by Yvette

Most places require a 20% down payment for investment property, but pricing improves quite a bit with a 25% down payment. Yvette Jenkins, Johnson Bank, NMLS ID455918, 920-225-5534.

Apr 9th 2015

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by mortgag...

Yes, this is always an options with a down payment & reserve money. Contact me to discuss your situation in detail. Sincerely, Mandy Fritsche, Prospect Mortgage, Mortgage Loan Officer, NMLS# 557211I am licensed to lend in WI.262-327-5700 Cell, 877-868-9198 Fax,

Apr 9th 2015

Sure, as long as you qualify! Most 2-4 unit rentals require 25% down payment. That is usually why we don't see a lot of investors buying, like in the past.I would be happy to get a pre-approval completed for you, or if you just want to review your options, give me a call or email back!

Apr 9th 2015
by DavidRY...

Are you asking if it is possible to get financing for a purchase of a rental property in general? Or are you asking if you can get a 2nd mortgage loan on a rental property? In short, the answer is YES to both. It's just a matter of knowing how to go about doing it. Of course depending on your goals also, how this would be structured may change. If you want to discuss your options in more detail, please feel free to call me directly and I would be happy to answer your questions. Thanks! David Youngs - Senior Loan Consultant NMLS #328679 866-680-2840 Ext 12

Apr 9th 2015
by JoeBecker

Yes, there are several ways to approach this depending on what your situation is. Contact me anytime! Thanks!

Apr 9th 2015
by William... long as you meet all eligibility requirements, you can purchase an investment.. lending programs require you put at least 15% down, but if it's less than 20%, you will pay monthly mortgage insurance.. the ideal down payment would be 25% or more.. you get much better pricing.. conforming guidelines allow you to have up to 10 Financed properties. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714

Apr 9th 2015
by Jericho...

Yes, as long as you meet all the qualifications.

Apr 10th 2015