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Looking To Buy Investment Property? Countrywide Can Help

The real estate market has seen an increase in buyers who are using the available equity in their primary homes to finance the purchase of additional investment properties. Purchasing property for investment purposes can be a sound decision, but you’ll need to carefully review your finances and determine a loan option that helps to meet your investment and financial needs.

 
Investment Property – Personal Use
Investment Property – Vacation Use / Temporary Rental
Investment Property – Income Producing Rental
 
 
Key Features:
Key Features:
Key Features:
 
 
  • For personal use

  • Generally, rental income for up to 14 days is tax free (consult your tax advisor for details)

  • For personal use for portion of the time

  • Used as a rental property typically for more than 14 days per calendar year (consult your tax advisor for details)

  • Used primarily as a rental property to generate income

 
 
Advantages
Advantages
Advantages
 
 
  • You can qualify for mortgage interest deduction, just like on primary residence (subject to limitations. Consult your tax advisor for details)

  • You can deduct property taxes on your second home

  • Rental income may help offset mortgage and other related ownership costs

  • Expenses related to maintaining the rental property can be tax deductible (please consult a tax advisor)

  • Projected rental income can be used to help qualify for additional mortgage

  • Tax-deductible interest (please consult a tax advisor)

  • Possible source of extra income

 
 

Looking for loans to help you buy investment property for personal use? Our loan advisors can help. Call 1-800-909-8217 for a FREE consultation.

To learn about loans to help you purchase vacation properties, call 1-800-909-8217 for a FREE consultation.

To learn more about loans to help you buy a rental investment property, call 1-800-909-8217 for a FREE, no obligation consultation.

 
 
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