Zillow Advice RSS: Question-Discussion-Guide,Investing,NE http://www.zillow.com/advice/NE/home-buying-investing/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate Looking to take on Rental/Investment properties..... financing help? http://www.zillow.com/advice-thread/Looking-to-take-on-Rental-Investment-properties-financing-help/187869/ I am looking to take advantage of the <a href="http://www.zillow.com/homes/for_sale/fore_lt/">forclosure</a> market, and was hoping to pick up on some properties to use as rentals/investment properties. I am wondering what the <a href="http://www.zillow.com/directory/lenders/">lender</a> will look for as far as qualifications, requirements, down paymnts, etc? Also, is the rate on an investment property usually higher than a <a href="http://www.zillow.com/mortgage/">loan</a> for promary residence?<br/><br/>I already have a 30yr fixed on my home. I have very good credit (730+), a great job with good income, and have paid all bills on time since I can remember. No bankruptcies or repo's. I would like to pick up a few rentals in the $750-$100K range, and would like to put as little as possible down assuming that I will be getting each property at roughly 70% of value/appraisal.<br/><br/>&nbsp;&nbsp; Any ideas on where to start or the best, most porductive way to have finances in order before looking, and suggestions on what I can expect in "reality". Thanks for your help and input.<br \><br \>6 replies Tue, 13 Jan 2009 05:22:00 GMT http://www.zillow.com/advice-thread/Looking-to-take-on-Rental-Investment-properties-financing-help/187869/ 2009-01-13T05:22:00Z