Build Your Investment Portfolio
Whether if it’s your first investment property or you’ve been in the real estate game for a while and need another money making machine, you can count on us to help you get the perfect loan for your property.
Extra sources of income outside of scheduled work are highly desirable by individuals and companies alike, and one of the best ways to come by this passive income is through property investment. In this process, you can buy a property and allow others to rent out space in it. People are constantly looking for places to live and work, and you can become the person that enables them to find what they’re looking for.
There are a few routes you can take when it comes to property investment, depending on how much you’d like to make on it:
1-4 Investment: Making a 1-4 Investment means that you are purchasing a 1-4 unit home and renting it out to those who need a place to live. This strategy is very flexible to investors, as the size and prices of homes have a very wide range depending on their features and amenities. However, one must approach this purchase as if they plan to live there themselves, as anything that is wrong with the property outside of physical damage post-purchase and rent is the owner’s responsibility.
Apartment Building Investment: Purchasing an apartment building is more expensive than purchasing a home but can generate a much higher return on investment. This is due to the fact that many more renters can be involved for a much higher payout depending on the building purchased. However, this also leads to higher risk due to the fact that the intended traffic in the building may not be reached and the bigger space allows for more potential issues with the building than that of a home.
Office Building Investment: Investing in an office building is likely going to be the most expensive option for investors upfront, especially depending on the location of the property. However, it is also the option with the highest potential return, depending on the amount of traffic that it receives. This option is the most high-risk, high-reward option one can take and heavily relies on a strategic purchase in a hot spot for working traffic, like cities and states with larger populations.
Our team can offer our expertise and lending services to meet your needs and maximize your potential profits. Contact us today for more information!
