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Company Loan Type APR Est. Pmt.

Purchase investment home

Posted on: 12th Dec, 2013 09:51 pm
How quickly will it be possible for us to purchase a second home for investment and then sell it off? Will ARM be a good option for such a property?
Hi Jimmy,

If you meet all the required criteria, then you will be able to sell it off as and when you wish. ARM will be a good loan option for this property as you do not wish to keep the property for long.
Posted on: 12th Dec, 2013 10:21 pm
Hi Jimmy,

You should check out the property documents in order to find out if there are specifications mentioned regarding the sale of the property.

Thanks
Posted on: 15th Dec, 2013 08:04 pm
You need to fulfill the criterion of the lender in order to buy a second house and then sell it off.
Posted on: 30th Dec, 2013 03:03 am
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