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An investment property is real estate property purchased with the intention of earning a return on the investment either through rental income, the future resale of the property, or both. The property may be held by an individual investor, a group of investors, or a corporation.
The Occupancy Affidavit is one type of document that can be used to show that a home was (or is) the primary place of residence for a specified time period. It is a document that is attached to an application, such as a Senior Exemption.
Four types of loans you can use for investment property are conventional bank loans, hard money loans, private money loans, and home equity loans. Investment property financing can take several forms, and there are specific criteria that borrowers need to be able to meet.
What is the loan document that says whether or not the property is an investment property? An occupancy affidavit or statement of occupancy is a legal document that indicates how a financed property will be occupied.
An investment property is a residence purchased to earn rental income or flip and sell for a profit. Unlike second homes, an investment property can be more than one unit: two- to four-unit investment properties allow you to earn income from multiple tenants. An investment property may also be a commercial property.
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People also ask

One popular formula to help you decide if a property is good investment is the 1 percent rule, which advises that the propertys monthly rent should be no less than 1 percent of the upfront cost, including any initial renovations and the purchase price.
Lending companies cannot force a homeowner to live in a home when they have legitimate reasons or even desires to move. However, to get out of the owner-occupancy clause on a primary residence home loan, the owner should be able to prove that they had every intention of occupying the home at the time of purchase.

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