Buying Rental Property Tips Apr 2026

: Expect stricter requirements than a primary residence. You’ll likely need a minimum FICO score in the good-to-excellent range, a down payment of at least 15%–20%, and a Debt-to-Income (DTI) ratio under 50%.

: Use a professional application process that includes credit history research and budget verification. buying rental property tips

: Evaluate options like Debt Service Coverage Ratio (DSCR) loans, conventional loans, or even owner-financing. : Expect stricter requirements than a primary residence