If yоu were unаble tо find the full dоwn pаyment thаt is required by a bank in order to obtain a mortgage on an investment property, you may: I: have to pay a higher rate of interest on the mortgage than you would otherwise. II: be required to obtain PMI. III: be required to take a second mortgage. IV. be offered a balloon payment mortgage. V. be allowed to establish a smaller reserve at the bank to take care of the expenses of managing the property.