Real estate investing is simple but it’s not easy. Many people can get into the market and don’t realize it. Talk with an investment realtor and an investment mortgage broker to help you assess your resources.
Residential qualifying takes a close look at the debt servicing ability of the applicant so there are limits as to what a person may qualify for.
Commercial/Multi Family qualifying looks at the net operating income that the asset produces so there are no limits as to how many properties one can own if they’re credit worthy.
For more information on investment real estate visit www.joelellams.com