Buying a Colorado Investment Property
Buying an investment property can be a great vehicle for investing your money in Colorado.
Do you want to purchase a home for your child while they are in college, to help pay for their education or offset living expenses? You may have heard about parents that buy a home for their children to stay in during their college years, later selling the investment and using the proceeds to offset the education costs. This is called a "kiddy (or sometimes kitty) condo." An FHA mortgage makes this possible. For more detailed information please visit the kiddy condo mortgage overview.
Do you want to purchase rental property for the purpose of increasing your wealth, saving for retirement, or developing an income stream? Securing a mortgage for an investment property is a bit different than for a primary or secondary residence. Due to the wide range of solutions are available, it is best to involve your mortgage consultant in your thought process as early as possible, to ensure an acceptable financing solution is available, as well as to help identify the price range for your investment property purchase. For more detailed information please visit the mortgages for investment property overview.
Last updated: Monday, 10-Nov-2008 10:04:29 EST
Copyright ©2002-2004 iHomeLoanInfo.com, All Rights
Reserved.
Copyright and Terms
of Use
