How many investment properties does your mortgage lender allow you to finance? Most only allow four investment properties. Atlantic Bay Mortgage will allow up to 10 properties for investors if they are putting down 30% on a one unit with a fixed rate. They even will make exceptions for 25% down under certain circumstances. On these investor loans the seller can also contribute 2% toward closing costs.
Contact Cara Hunt at Atlantic Bay Mortgage for more information. Her direct number is 757-348-2262 or contact her at email@example.com.
I can help you find the right investment property. Contact me, Jennifer Smith, at Today Homes Realty. My direct number is 757-735-2937.