Can I finance a property if I do not live in it myself?
Can I finance a property if I do not live in it myself?
Yes, it is definitely possible to finance a property that you intend to purchase for rental purposes as a form of investment. However, it is important to note that the terms of such financing may differ from those you would expect when applying for a loan to finance an owner-occupied property. This is because the risks and returns associated with investment properties differ from those tied to owner-occupied real estate.