Best Way To Buy Your First Rental Property

Take a rental property that costs 100 000 to buy.

Best way to buy your first rental property. This is a good way to take advantage of tax deferred retirement funds and get into real estate investing while staying irs compliant. Paying cash can help generate positive monthly cash flow. Use a self directed retirement account through a provider such as rocket dollar to diversify your portfolio and invest in real estate including buying your first rental property. The owner s full name and property address which were edited out of the above audio clip i went to work. I was fortunate in some respects because i was very familiar with this.

Quick rental property evaluation. Another option for buying an investment property using little money down is by assuming the seller s current mortgage also called buying subject to in a subject to deal you buy a rental. That depends on your investing goals.