Financing: When you purchase an investment property you can expect to pay a higher mortgage rate that someone buying a primary residence. For a single-family home expect to pay a .5-.75% higher rate. For a multi-unit home (2-4 units) expect to pay a 1-1.5% higher rate. You can also expect...
Tag: Real Estate Investing
Real Estate Investing – Leveraging Your Equity
Using equity in your home to invest in real estate rental properties is a great way to build generational wealth
Pros and Cons of Investment Properties
Real estate is often considered a smart long-term investment. There are many pros and cons to this type of investment. Before you make the leap into owning rental properties you should have a goal in mind. Are you planning on financing your kids’ education, do you want to use the...