Apartment or single-family housing: What property to invest on
Millions of people in America make the choice each year of whether or not to move into an apartment or a single-family housing. Given that real estate is perhaps the biggest investment adult Americans enter, weighing all the options is necessary when making this choice. This is why real estate investors should be savvy about the type of properties they invest in. Do they want to keep to single-family housing or do they want to invest on residential buildings? Ron Cadman of Investar USA believes that people should know what property to invest in, as well as the circumstances that come with their choices. From the get-go, there is a large difference when it comes to the financing of single-family housing and apartments. Qualifications for residential lending and commercial lending differ in aspects like method of valuation, credit scores, prepayment penalties, and restrictions. While apartment rental may seem like the cheaper option, there are other factors outside financing tha