Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
One of the best ways to buy rental properties is with a mortgage. Never spend your own money when you can spend the bank's money. However, if you are a new investor who is looking at buying fixer uppers, you need to understand what will and will not ruin your chance of getting approved for a mortgage. In this example, this property's missing furnace is going to make it next to impossible for an investor to buy this house using a traditional bank loan. Tune in to HoltonWiseTV for more tips on financing rental properties.