Can a renter get traditional financing?

Financing, Hard Money Lenders, Private Money
1

Hi All,

I’m in a situation where I may be renting. Will a bank (not hard money) loan cash for an investment property to a renter?

Thx.

2

You can certainly obtain a mortgage for an investment property if you are renting (if you qualify).

3

You can get a mortgage for an investment property even if you are a renter. You can still possibly get up to 100% financing also.

4

If you do rent make sure that you pay rent by check. You may need the cancelled checks to prove payment history in the future.