Below you'll find a list of all posts that have been tagged as “down payment”
The down payment required from borrowers by lenders, investors and banks is a major hurdle to buying a rental property Before lenders can approve your investment property mortgage application, they expect you to be able to pay part of the home’s purchase price upfront. This upfront payment is called the …
When you are a first-time homebuyer, it often feels like every next step of the process is harder than the last one. First, you have to scale the hurdle of saving enough money for the down payment on the home. Then you must get approved for the loan. Finally, you …
Rental properties differ a lot from your private residence, and they have more risk. Renters will not maintain your property as they should. That is because it doesn’t belong to them and they can vacate anytime they want. But this is not so with your private residence. As a result, …
