Question 1

Can I use an investor loan for a property I'll eventually move into?

Accepted Answer

Yes, but you must disclose investment intent at origination. If you occupy it within 12 months, some lenders consider it owner-occupancy fraud.

Question 2

How many investment properties can I finance simultaneously?

Accepted Answer

Most portfolio lenders cap at 10 financed properties. Some DSCR programs allow unlimited properties if each cash flows independently.

Question 3

Do investor loans require reserves beyond the down payment?

Accepted Answer

Expect 6-12 months of PITI reserves per property. More properties mean higher reserve requirements—some lenders want 2 months per financed unit.

Question 4

What rental income do underwriters use for a vacant property?

Accepted Answer

Lenders order an appraisal with a rent schedule showing market rates. They use 75% of that figure to account for vacancy and maintenance.

Question 5

Can I finance a fix-and-flip with an investor loan?

Accepted Answer

Hard money loans work better for flips. They fund rehab costs and close in days, not weeks like traditional investor loans.

Investor Loans in Daly City: Finance Your Next Rental Property or Fix-and-Flip