Are you an HGTV enthusiast who is intrigued by the idea of buying some property, fixing it up a little, and selling it at a profit? Are you a professional real estate investor who has been spending years creating your investment portfolio with real estate flipping or earning passive income through rental property? In either case, whether you are a seasoned professional or a newbie who wants to give real estate investment a try, investment property mortgages are a primary concern for you.
Even non-real estate folks these days know we are in a housing market bust. Foreclosures are on the rise, sales are down, unemployment is up, fuel and cost-of-living expenses are skyrocketing; all of these issues are a big concern for all investorswell, for all people, regardless of whether they are investors or not, actually. And all of these economic factors are affecting investment property mortgages.
Just a few years back, it was not uncommon for banks to be tripping all over themselves to get the real estate investor to use their services. One-hundred percent investment property mortgages were not uncommon. In fact, they were readily available everywhere.
Now,...