Buying Your First Investment Property 8 Things You Need to Know

Buying your first investment property can seem daunting. However, getting started in real estate investing can be a great way to move forward in your path to financial freedom.

Cashflow

Effective use of leverage

Appreciation

Potential Tax Benefits

Pros to Investing in Real Estate

Not hands off

Low Liquidity

Could lose value

Cons to Investing in Real Estate

When deciding on your investment strategy for your first property, you will have to choose between buying a single-family residence (SFR) or a multi-family building. 

Single-family vs. Multi-family

Many investment styles can work. Real estate investing is not a one size fits all sort of process. It is crucial to figure out your preferred investing model, define what property fits this model, and find a property that fits these criteria.

How To Pick A Property

Getting a loan on an investment property can be a bit different than a mortgage on your primary residence.

Loans

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