Join Us

New Search X

Tagged : investment property basics

Found 1 blog entry tagged as "investment property basics".

Metro Atlanta has a thriving rental property market. Renters across the area will tell you that good rentals are hard to find and the great ones are hard to afford. Owning one or more of these properties might be the key to financial freedom, but there are important considerations to make before jumping into the rental business.

How much can you spend?

As with any home purchase, rental or otherwise, determining your price point is the first step in your search. Be aware that the down payment requirement will be higher (usually 20%) because mortgage insurance is unavailable on investment properties. Interest rates will generally be higher on rental properties, too. Carefully consider repair costs now and in the future; if you own a home already,

951 Views, 0 Comments