Financing your First Rental Property in Cleveland Ohio | MLS Search & Analysis 207 - 4077 Bayard
Channel: HoltonWiseTV
Date: 2020-12-17

Financing your first rental property is a little bit different than financing a personal residence. In the 207th episode of The MLS Search & Analysis Show James Wise is working with a first time real estate investor to guide her through the financing process. Many new real estate investors are unaware of the differences in non owner occupied mortgage terms and primary residence terms. James Wise breaks down the differences between financing a non owner occupied home and financing a primary residence. In addition, James Wise provides her with a conservative timeline for when he thinks she should buy her first rental property based upon her current financial situation.


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