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Real estate has produced many of the world’s wealthiest. You will need at least 20 percent, given that mortgage insurance isn’t available on rental properties. The cost of borrowing money might be.
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Bottom Line for Landlords & Investors: Conventional lenders are great for house hacking, and potentially for a real estate investor’s first or second rental property. Online Lenders Online lenders are increasingly becoming a mainstream, go-to funding option for landlord loans and fix-and-flip loans.
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