top of page
California style modern backyard with pool

Home Loans Made Simple

What to Consider Before Buying Investment Properties

If you’re thinking of buying an investment property, moving forward with the purchase mostly depends on your long-term objectives.

If you’re able, Michael Radi, our branch manager, always recommends buying a two, three or even four-unit property. One of the most important factors to consider in San Diego County is home prices.

If you want to buy a multi-unit property, you’ll have to put more money down based on the loan program you use. There are also restrictions to contend with in terms of the size of your loan. Reserve requirements are another factor to consider with these properties—you need several months’ worth of payments in reserve to qualify.


Consult with an experienced loan officer so they can outline available opportunities.


Benefits of Buying a Multi-Unit Investment Property:

One of the primary reasons buying a multi-unit property is a great investment is because you have multiple renters helping to pay down your mortgage. If you’re a first-time buyer, this will allow you to buy a larger property as a future investment nest egg. Technically, you only have to live in the home a year before you’re free to buy another investment property or long-term primary residence.

If you have questions about this or any other lending topic or would like to schedule a consultation, don’t hesitate to reach out.


bottom of page