south sacramento: How to Buy an Income Property in the Sacramento Region
- 10/23/15 10:24 AM
There are two primary ways to invest in residential real estate for the average person: flipping or renting properties. I'll be discussing the latter, purchasing income properties to hold over the long term because this is what is feasible for most people. A little about my background, I've helped investors purchase and sell residential income properties since 2003 and I was a professional property manager for 7 years. Step 1 is to get pre-approved for an income property purchase loan so you have an idea of purchase prices and corresponding monthly PITI (principal, interest, taxes, insurance) payment. Income property purchase loans … (0 comments)
There are two primary ways to invest in residential real estate for the average person: flipping or renting properties. I'll be discussing the latter, purchasing income properties to hold over the long term because this is what is feasible for most people. A little about my background, I've helped investors purchase and sell residential income properties since 2003 and I was a professional property manager for 7 years. Step 1 is to get pre-approved for an income property purchase loan so you have an idea of purchase prices and corresponding monthly PITI (principal, interest, taxes, insurance) payment. Income property purchase loans … (0 comments)
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