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Investment Properties in Texas
Owning investment properties in Texas is becoming more popular these days, as investors grow tired of the ups and downs of the stock market. Those who find becoming a landlord appealing, may find investment properties a good way to build wealth.
For many small investors, long-term ownership makes the most sense. You'll have plenty of time to ride out any swings in the market, and rental income can make a nice supplement to your day job. Find enough rental properties, and being a landlord may become your day job.
Finding profitable rental properties can take time, connections and plenty of research.
At Ascot Mortgage Services, we have financed many investment properties over the years and we can refer you to several real estate professionals who specialize in investment real estate in Texas and Mexico.
Savvy investors are now looking to invest in Model Home Leasebacks, which means the investor buys a model home from a new home builder and then leases it back to the builder, knowing that all mainainance and fees will be paid. It is a win-win situation for both the builder and the investor. Please call Donna for more information regarding model home leasebacks.
Please contact Ascot Mortgage for a complimentary consultation on investment real estate in Texas and Mexico.
214-890-4068 or info@ascotmortgage.com
Non Owner Occupied Programs
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SIVA |
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90% with 700 FICO |
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75% with 660 FICO |
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SISA |
- 50% DTI on stated income products
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90% with 720 FICO |
- 6 months reserve per porperty owned
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75% with 680 FICO |
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NIVA |
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90% with 700 FICO |
- Programs apply to SFR's, purchase and r/t refi's
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75% with 660 FICO |
- Higher FICO's & lower LTV's may apply for multi-units and c/o refi's
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NINA |
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75% with720 FICO |
- Higher loan amounts for multi-units
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Conforming loan limits LTV reductions may apply in declining market areas |
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| Investment Properties are priced below retail value to the investor, so please fill out our form to receive all investor property listings in the area you are interested in. All fields are required °. |
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