- Leverage your investment: An investment property mortgage allows you to purchase a property with a down payment of as little as 15-20%, maximizing your leverage and increasing your potential return on investment.
- Generate passive income: Rental income from your investment property can provide you with a steady stream of passive income, supplementing your primary income or helping you achieve financial independence.
- Tax benefits: Investment property mortgages offer various tax benefits, including deductions for mortgage interest, property taxes, and depreciation.
- Build equity: As you pay down your mortgage, you build equity in your investment property, increasing its value and providing you with a valuable asset.
- Potential for appreciation: Real estate values tend to appreciate over time, so your investment property has the potential to increase in value, further boosting your returns.
Main Body
Q: What are the eligibility requirements for an investment property mortgage?
A: To qualify for an investment property mortgage, you will typically need to meet the following requirements:
Views: 0
