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.
Real estate investing can provide its owners with anything between a little extra cash flow, a safety cushion of equity, or generational wealth.
But, of course, it all depends on your goals, how you structure them, and what you put into them.
Before investing in a rental property – it is essential to start from sound financial footing.
There is a high transaction cost to buying and selling real estate.
If you are not in a good financial position, you may be tempted to sell your investment in a year or two.
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