How to buy rental property is not that difficult, especially in today’s market. The actual purchase itself you just want to talk to a traditional mortgage banker, or commercial banker, depending on how many properties you own.
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Basically, when buying an investment property, or rental property expect to put at least 20% down of the purchase price or the appraisal value which ever is less, that is a bank thing,
Then you want to make sure the property will cash flow. This is simple to do. When inquiring about a loan ask what the loan payment will be. Then do some research and find out what the tax payment and insurance payment will be, add everything together and make sure the market rent is more than all the payments put together.
If you have any questions on how to buy rental property let me know and I can help you out.