No landlord experience—investment loan?

[Bo Banner]

I currently househack and am looking to get my next investment property in 2019. How likely is a bank to give me an investment loan?

[Nicholas Weckstein]

@Bo Banner very likely. In my experience with most banks they don’t look for u to have land lord experience when purchasing an investment property in the 1-4 unit range. They’ll want 25% down payment. Good credit. Pretty much the same as buying a personal residence with a few extra stipulations but nothing to wacky.