When to buy second investment property

Summary: In this article, we will discuss 7 reasons why buying an investment property before your first home has many advantages, especially with current trends in the real estate market. We’ll learn about the rising real estate market in the United States, first-time mortgage loan options, factors in qualifying for different loans, interest rates, tax benefits of owning rental properties, and buying investment properties to create monthly cash flow.

Introduction

If you are in the market to buy your first home but aren’t necessarily excited to live in the houses or neighborhoods you can afford, consider buying an investment property instead.

Below we will discuss the reasons so many first time home buyers are investing in real estate, instead of going the traditional route of buying their first home.

Reason #1: Home Values are at an All-Time High

The first reason to consider buying an investment property before your first home is because home values are at an all-time high.

To be precise, home values across the United States have risen 7.6% in the last year, with an addition

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