Taking the step of becoming a real estate investor has many rewards. Not only do you acquire an asset that may experience appreciation over time, you may be able to structure it so that renters cover the monthly cost of your investment.
That being said, it is important to know what your goals are. Are you trying to focus on appreciation and principal reduction to secure an asset that has high intrinsic value? Or are you trying to maximize cash-flow for other purposes? Perhaps you want a hybrid of both.
Choosing the right loan product and the right amount of down-payment to secure the home are major numbers to be considered. Let us work with you to find the right combination of variables to meet your financial goals and priorities.