If you can qualify for a primary residence, you can probably qualify to purchase an investment property. When purchasing an investment property, the appraiser prepares a schedule of market rents. The lender takes 75% of the rents on this schedule and subtracts the proposed mortgage payment. This amount is then added to your income or debts. Thus, if your debt-to-income ratio is sufficient to purchase a primary residence, you can likely pick up an investment property.

If you want to invest in real estate and need help determining whether you can qualify, give us a call. We have helped many people successfully invest in properties over the years.

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