What to Look for in an Investment Property

What to Look for in an Investment Property

Buying an investment property is one of the best ways to grow your money for the long-term. Point Mortgage offers financing for real estate investment projects in the greater Miami area. Below, we'll offer tips on what to look for in an investment property. Contact us today!

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Location Matters

Keep in mind you are not buying a home for yourself; you are buying a home that a majority of people will want to rent. If you are purchasing a commercial property, location is key because businesses want a place that is very visible to their customers. Consider nearby amenities for residential properties and a prominent location for commercial properties.

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Low Maintenance

Property maintenance expenses can eat into your profits quickly if they become excessive. Look for properties that have been well maintained in the past and that are not too old that they are on the verge of needing a major overhaul.

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Consider Appreciation

Since this is an investment, appreciation value will be important in case you ever decide to sell. This is when a few well-planned and calculated upgrades can really boost your property's value, such as upgrading the flooring in your residential rental to adding in new windows in your commercial space.

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Partner with the Right Investment Property Lender

If you are financing your investment property, you'll need a top-rated investment property lender to ensure you receive the best financing terms possible. Point Mortgage offers competitive rates, fast loan processing times, and a superior customer service experience. Call today.

LET US HELP YOU WITH YOUR INVESTMENT PROPERTY

Investing in real estate is not for the faint of heart. There is risk involved, and it can be a lot of work. Let our Miami mortgage company take the financing burden off your shoulders. Call today!