All Forum Posts by: Mike Arias

From my research, owning a condo as a primary is more restrictive than owning a SFH because lenders view condos are higher risk. Is that true? So if one wants to buy investment properties, is it harder to get approved for home equity loans if you own a condo vs. SFH?

What about townhouse?

I am looking at an area where about the majority of homes (SFH) are owned not rented. Not sure if these numbers are accurate but about 83% owned/17% rented (according to Niche website). There are very few rentals in this area.

Does this make a major difference?  Is it good to look for properties for LTR in this area since competition is low?  Or will this be more difficult to rent? 

Thanks!