Want To Become A Landlord? 5 Steps To Financing It
If you're planning to start investing using rental real estate, it could be a great move to help secure your future. Rental real estate is a good way to avoid the ups-and-downs of the stock market and create a passive income for life. But, getting into the rental game calls for understanding the special needs of financing it. Here are 5 steps for successful financing. Save, Save, Save. Investment properties often come with larger down payment requirements — north of 20% in many cases — so you should start with a big buffer of money available to use.