Mortgage loans are a means for people, like you, to buy a home. Most people do not have the money to fully pay off a home at the time of purchase, this is where mortgage loans come in. The mortgage company will loan the buyer money to pay off the seller of the home and the buyer will then make payments to the mortgage company.
Mortgage loans can be used by anyone looking to buy a residential property, whether it is to live in or to invest in. As an investor, you are going to want a mortgage that is less than what the appraisal value of the property will be when you resell, which is why you will want to invest in a “fixer upper” or a house that will need substantial modifications before you resell.
If you don’t have the funds available to pay much on the mortgage before you sell, you may want to look for a residential property that is relatively cheap or one that needs minimal work to get the maximum amount of profit.
All in all, mortgage loans can be a great asset to an investor if used properly and able to be financially maintained for the time period needed.