What’s an investment property loan?
U.S. Bank offers investment property loans for those interested in buying second homes and investment properties, including one- to four-unit residential properties and vacation properties. As an option, you may be able to use your current home equity to finance buying additional property. To learn more, contact a mortgage loan officer.
Before you buy investment property, do your homework.
Investing in real estate is like any kind of investment — it's wise to do your homework and assess both the benefits and the risks involved. If you've been thinking about buying investment property, consider the following:
- Determine the type of property you want to invest in: rental homes, condominiums, and so on.
- Decide if you want to invest short- or long-term.
- Ask yourself if you're ready to be a landlord.
If you've already decided to purchase a rental property, research the property thoroughly beforehand to help determine if the investment will be profitable. Consider learning more about all your mortgage options.