Have you been tossing around the idea of purchasing an investment property but do not know the answers to your questions?

Common questions I receive when it comes to buying investment properties tend to be: am I going to ash flow on a monthly basis, what will my interest rate be, do I need any oney down? If you are looking for the best interest rate you may have to pay a little more in upfront cost or money down. However, if interest rates are not a concern you could possibly come up with little or nothing out ofpocket. It is important to know things like how long are you going to hold onto the property, is your cash better to be used elsewhere instead of trapped int the home, what kind of capital do you have available, how much risk are you willing to take on, or do you need the property to cash flow on a monthly basis. Regardless, of your decisions it is truly important to seek guidance from a Mortgage Planner before you start shopping for houses. Those who succeed at investment properties know the numbers in advance before making critical decisions. Did I mention that this is a FREE service?

Provided by Erik Richardson - Charter Funding
616-604-1928 - www.erikrichardson.com