Alliance Premier Real Estate

Phone: (530) 529-1811
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416 Pine St
Red Bluff, CA 96080

How to Buy an Investment Property

///How to Buy an Investment Property
So you are ready to start planning your first investment property purchase? First things first. There are a couple of professionals that you need before you start looking for an investment property.

1. Your Investment Property team.

Alliance Premier Real Estate Investment Property TeamIncluded in your real estate investment team should be a. Realtor  b. Mortgage Banker  c. CPA   d. Attorney (You should at least know a good one.)

2. Know your net worth.

How do you figure out your net worth the easy way?
2 columns, draw a line down the middle. Your bills, debt on left, your equity (what it is worth) on the right. Add up and you will either have debt or net worth.
You also want another page directed with your monthly income coming in and your monthly bills going out

3. How much can you buy?

With… cash, equity line, inheritance and mortgage. This is where the mortgage banker comes in handy,

4. Where do you want to buy?

Investment Property Alliance Premier Real Estate Red Bluff CA-6775How many different areas, cities do you know? Are you going out of state?

Take baby steps in the beginning.

After you have a team, know your net worth, how much you want to spend, and where you want to spend it then we can begin the process.
By | 2017-08-05T04:54:40+00:00 January 16th, 2016|Buying Real Estate, Real Estate Investment|0 Comments

About the Author:

Joanna Wing grew up in Northern California, but has lived in Colorado and San Francisco and utilizes cutting edge technology for both web site and marketing to meet goals and expectations for our clients.

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