When you are ready to explore the opportunities that real estate investment can offer, we can help you cut through the confusion in order to make the right decisions for your future. The competition for investment homes can be tough in many markets. You may need additional assets for repairs, or times when there are no renters in your property. Do the numbers work out in your favor?
Investing in real estate is more than just purchasing a property. Rental properties can bring in monthly cash flow, but do you want to act as a landlord? Buying a property at a low price and “flipping” it, fixing it up and selling it for a higher purchase price, will require some home repair know-how, or investing more money for repairs. Both options have pros and cons to consider, but either way you are looking at a tangible asset that can possibly bring in positive cash flow and tax deductions.
We have seen countless investment situations, so go ahead and ask us; we want to help.
Do you want to find property to put on the rental market, or will you be fixing the home up so you can resell it? The amount of time that you plan on keeping your investment property can help you determine which loan program will suit your plans for your investment property
Investment properties may have extra stringent requirements from lenders, including a larger down payment. We can help you explore all of your options to get the down payment you need, such as equity in your current home or other assets like money in a brokerage or retirement account.*
Tax deductions may be as much a reason to buy an investment property as positive cash flow. Did you know that you may be able to deduct appliances, mortgage insurance, or even mortgage points? Our team of advisors may be able answer your questions about the advantages of real estate investment.
*We are not licensed tax professionals. Please consult your tax or financial advisor for specific tax and financial information.