Buying an investment property is a major step in becoming an active real estate investor. Purchasing a property in hopes of developing it in the future, flipping a single-family home like you see on TV for a profit, or buying an asset that generates passive rental income can all be exciting ways and reasons to invest in real estate. There are, however, a lot of things you have to do in order to prepare and set yourself up for success. Naturally, you’ll need to do your research, work with the right real estate agent, and find a good deal. And once you do, you’re most likely going to want to finance the purchase, as opposed to paying all cash, which will involve getting a loan. Typically, lenders that specialize in making investment property loans will look at the real estate, […]