Steps To Buying Your First Investment Property < PLUS — CHECKLIST >

: Buying a property that needs work, renovating it quickly, and selling it for a profit.

: Decide on your minimum acceptable cash flow , cap rate , and cash-on-cash return before you start your search. 2. Prepare Your Finances steps to buying your first investment property

: Buying a multi-family property (like a duplex), living in one unit, and renting out the others to cover your mortgage. : Buying a property that needs work, renovating

: Purchasing a property to rent out for long-term income and value appreciation. renovating it quickly