Before browsing listings, you must secure your "bankability". Investment property loans are considered higher risk, so lenders impose stricter requirements than for primary residences.
: Aim for at least 680 to qualify for the best terms; while some programs accept 620, they come with higher costs. how to buy investment property
Investment Property Loan Guide | 2026 Guidelines and Process Before browsing listings, you must secure your "bankability"
: Lenders typically require 6 to 12 months of mortgage payments (PITIA) in liquid reserves to cover potential vacancies or repairs. Before browsing listings
The current market favors "value-add" opportunities—homes needing work—as move-in-ready properties remain highly competitive.
: Budget for a minimum of 15% to 20% down. Putting down 25% often unlocks significantly better interest rates.