03/10/2022
An investment property is real estate bought for the purpose of generating income. Buying an investment property can come with challenges, such as maintenance costs and more stringent financing requirements — including higher interest rates and a larger down payment — compared with mortgages on primary homes. But on the positive side, increasing home values and rental rates could possibly net you some extra cash flow. Depending on your situation, now may be the right time to buy an investment property. Have questions? We can help!