Have you entertained the idea of supplementing your traditional investment portfolio with one or more residential rental properties? Recent changes in the mortgage market could make such a move favorable.
The window has all but closed for those with limited credit and no money down to purchase a home. For several years this segment of the population has been able to purchase their homes, now they will have to revert to renting.
The opportunities that I am referring to could be professionally managed, so the bulk of traditional landlord duties are off of your shoulders. I want to stress that this type of investment does not produce huge returns in the short term. What it does is provide a vehicle whereby you can leverage other people’s capital and build cash flow and equity over time.
There are many factors to be considered before buying investment property. Please give us a call or send an e-mail. We will be glad to discuss the possibilities with you.
