It’s Doable to Buy an Investment Property Before a Primary Residence! If you are thinking of a First-Time Buyer Investment Property, this for you, read below!
Does it mean you won’t ever need a mortgage if having a home of your own has never been a goal of yours? Not at all! You can get the itch to buy investment property because to the proliferation of home remodeling shows on television.
Let’s imagine you’re a renter who’s looking to supplement their income. You are financially stable and have the time to dedicate to an investment property. The bad news is that you’ve never had a home of your own. Does this affect whether or not you can get a mortgage?
Certainly not! Here at SteveKnowsLoan, we’ve designed a special program with first-time investors in mind.
Why All the Hype About Rental Homes?
You wouldn’t be the first person to have second thoughts about buying an investment home. There are moments when taking a chance pays off in spades. Some advantages include the following:
- You may be able to drastically raise your present monthly income.
- Your investment property may be a good candidate for a future sale at a profit.
- There are beneficial tax implications associated with owning investment property.
- Investors in real estate essentially run their own companies.
- Prioritizing the Purchase of an Investment Property Over a Primary Residence
Are you interested in buying an investment property but nervous about your lack of home-owning experience? Have faith that there is a solution to your problem. Here are three methods to start investing in real estate before you buy your ideal house:
- Investing in real estate requires funds.
- Although you can always pay for the investment outright, chances are that you need some sort of finance in order to do so.
- Get a multi-family home that the owner will live in.
- Invest in a multi-family dwelling and live in one of the units yourself. This is the starting point for many successful real estate investors.
- Just get in touch with SteveKnowsLoan.
- Our lending experts have a proven record of assisting first-time investors in securing mortgages for investment homes.
Profit Now with Your Investment Property!
If you want to start investing in real estate but don’t know where to begin, we’re here to help. If you are interested in financing alternatives for the purchase of an investment property prior to purchasing a primary residence, please contact us.
If you want additional information about First-Time Buyer Investment Property, get in touch with one of our lending advisors today.
Call Steven Jackson at 813-616-9411 now!
