Multi-Unit Mortgage

Would you like to let your tenants pay your mortgage? This is a common reason why people often buy a duplex or triplex while living in one of the units. These types of multi-family properties are easy to manage, since you live there, too. It is possible to secure a mortgage for this type of living arrangement from a big bank, but you might find more favorable terms from smaller lenders and investors who offer mortgages. You should always talk to a mortgage broker when you want to buy multi-family properties to provide passive income to live off of. It can be difficult for new investors to qualify for a reasonable interest rate. Continental Mortgages could even help you tap the equity in your primary residence to put a down payment on potential investment properties.

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