Residential Investment Property Basics: 5 Key Factors to Consider

I get asked by my clients all the time for the key to buying good investment property and while there seems to be a lot of angles you could come at this question with, I think the best way to analyze investment property is from the following 5 factors:

1. Personal Liquidity - How much money do you have for the down payment, associated closing costs, and for mortgage payments in the event of vacancy? Do you have enough money to weather a repair storm? Will you be on sound financial footing after the acquisition as it pertains to your personal life?

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