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How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Have you been inspired by one of the numerous investment property television shows? If so, you are probably intrigued by the prospect of investing in rental property. Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. Kevin Vandenboss. Sepehr Niakan.

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Ways to Save for a Down Payment

Assurance Financial

On top of carving out a large chunk of your paycheck for rent, you also likely have to pay for utilities, groceries, transportation, insurance and internet — not to mention the costs of treating yourself to luxuries like vacations and going out to eat. Your landlord may be willing to compromise, as it can be challenging to find good tenants.