Does anyone know hwo much I need to put down for an investment propert and what are the conditions for the mortgage?

Asked by collinsndiefi, Pittsburgh, PA Sun Apr 28, 2013

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Emily Murphy, Agent, Pittsburgh, PA
Sun May 12, 2013
It will entirely depend on the property, and what you plan on doing with it. You could take out a mortgage on the property, or possibly qualify for a business loan which would require less money down.
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Tim Gyves, Agent, Pittsburgh, PA
Mon Apr 29, 2013
Generally in the neighborhood of 30% and if not that, with significantly higher rates than you might be looking at if it were your primary residence. Happy to recommend two trusted mortgage advisers if and when the time's right for you. Pittsburgh investment properties are abundant in many neighborhoods and at many price points.
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