1. Property and people
Certain requirements are in place that affect rules for conventional funding.People should usually get property financing even when they can afford to purchase a property.
Aristotle, in Politics, advocates “private property.” In one of the first known expositions of tragedy of the commons he says, “that which is common to the greatest number has the least care bestowed upon it. Every one thinks chiefly of his own, hardly at all of the common interest; and only when he is himself concerned as an individual.” In addition, he says when property is common there natural problems that arise due to differences in labor: “If they do not share equally enjoyments and toils, those who labor much and get little will necessarily complain of those who labor little and receive or consume much. But indeed there is always a difficulty in men living together and having all human relations in common, but especially in their having common property.”
2. Investment propery financing
Pretty much anyone can obtain investment property financing. Everything from first time purchasing to re-financing on any investment...
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