THE INS AND OUTS PURCHASING AN INVESTMENT PROPERTY

With the Summer market ending, now may be the perfect time to consider buying an investment property. Buying an investment property can be very beneficial as a long-term investment with rental income paying down the mortgage and covering any additional costs. The equity you gain from mortgage being paid down and the increasing property prices going up is your gained profit.

Here is some tips you need to consider if serious about buying.

The pre-approval process for buying investment properties

Getting a pre-approval is essential before you go out and start shopping since there’s a lot more factors in investment properties than buying an owner-occupied property (which still needs pre-approval)

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