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What is the difference between mortgage prequalification vs. preapproval and why should you care?
If you follow my Top 8 Tips for getting your investment property mortgage approval, you’ll be well prepared for the process and maximize your chances of success. But before we start on the tips let’s review current context for obtaining a mortgage for an investment property.
Investing in real estate is a rewarding endeavour – financially and intellectual, but it can also be full of pitfalls if you don’t approach this type of investing in the right way. Whether you’re a first time investor or a seasoned one, my top successful real estate investing rules will help you get organized, choose the right investment, manage your investment and achieve your investment goals.