BEGINNER’S GUIDE TO BUY RENTAL

PROPERTIES

ASK YOURSELF

WHY YOU WANT TO BUY A RENTAL

PROPERTY AT THIS POINT OF

TIME?

HOW TO FINANCE YOUR FIRST RENTAL

PROPERTY?

TIP #1

FIND A MORTGAGE BROKER

TIP #2

DETERMINE THE DOWN

PAYMENT WITH BROKER

TIP #2.1

GENERALLY BE 20% OF THE PURCHASE PRICE OF THE

PROPERTY

TIP #2.2

SHOULD GET A FIXED RATE OR VARIABLE RATE OF INTEREST

FOR YOUR MORTGAGE.

TIP #1

CONTACT LOCAL REALTOR OFFICE

TIP #1.1

GIVES A CLEAR CUT IDEA REGARDING THE LOCATION OF

POTENTIAL RENTAL AREAS, PRICE RANGE ETC.

TIP #2

FIND OUT WHERE YOUR MORTGAGE

BROKER IS INVESTING

TIP #2.1

INVESTING IN THE SAME AREA OF YOUR MORTGAGE BROKER IS BETTER AND SAFE ESPECIALLY

WHEN YOU ARE INVESTING FOR THE FIRST TIME.

TIP #1

PROPER TRANSPORTATION FACILITY

TO THE PLOT

TIP #2

PROPERTY TYPE

AN IMPORTANT FACTOR

TIP #2.1

There are various property types like :

Detached homes

Semi detached homes

Townhouses

Condominiums

&

Multi-family buildings

WHEN ARE BUYING A RENTAL PROPERTY ?

http://www.adzil.in/