Buying a property with a mortgage is not to be confused with a commercial loan or a real estate investment. A mortgage in this situation is used to buy a home or property that is considered a residency where up to four people can live. This includes rental properties like duplexes, single family homes, condos, etc. Whereas a commercial property loan is used to buy commercial properties like retail buildings, office buildings, rental properties that contain five or more living units like an apartment complex, etc.
A residential property investment is also most commonly purchased and managed by a pair or group of investors. Some of the main reasons a property investment is a good idea is because of the following benefits: