Down payment: I bet you didn’t know you can purchase an investment property with only 15% down! That’s right, this little know guideline wrinkle can help you buy an investment property sooner rather than later! If you‘re unhappy with the performance of your CD, Roth, 401k etc let me show you how to invest in real estate to create additional monthly income and long term wealth!
Income vs debt: Purchasing an investment property is very similar to purchasing a business. Essentially you’re purchasing an income generating asset. And the beauty is, the estimated rental income can be used to help you qualify. So, if your income can support your current debt (minimum monthly payments on credit), there’s a good chance you’d be able to qualify for an investment property purchase!
Leverage the strategies above to become a millionaire with one investment property: