Frank Rubi Real Estate, LLC.
Great Louisiana Homes and Gulf Coast Condos
Greater New Orleans | Baton Rouge | Gulf Coast Alabama
When a beginning investor wants to move forward, they should always start with understanding pre-approval and amount of monies needed to close an investment property.
Generally, it will take 25% down payment for investment property. Besides the down payment, the buyer will need enough the cost of inspections and appraisal fees.
Often overlooked point is to determine if the current leases are recorded.
Feel free to call me if you need a better understanding of the financial implications of purchasing a property.